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Italy Expects EU Flexibility on Budget After Government U-Turn

  • Senior lawmaker Graziano Delrio speaks in Bloomberg interview
  • Rome will respect EU fiscal rules in 2020 budget, Delrio says
Giuseppe Conte
Giuseppe ContePhotographer: Alessia Pierdomenico/Bloomberg

Italy’s new government is confident it can exploit friendlier ties with the European Union to obtain a flexible approach to its 2020 budget deficit and avoid a repeat of previous clashes, according to a senior lawmaker.

The coalition headed by Premier Giuseppe Conte will respect EU fiscal rules in the spending plans it’s due to submit to the European Commission by mid-October, Graziano Delrio, who heads Democratic Party lawmakers in the lower house of parliament, said in an interview at his Rome office Monday.