Italy at edge of EU infringement procedure

Italy at the edge of an infringement procedure if the government does not change its draft budget plan for 2019, European Commission Vice-President for the Euro Valdis Dombrovskis said. The Commission has rejected the plan, which sees Italy running a deficit of 2.4% of GDP next year, saying it would breach the Stability and Growth Pact. Berlaymont has also requested Rome to change the package by November 13.

https://twitter.com/ansa_english/status/1059822045184307206
The Italian government has repeated it does not intend to revise the budget, arguing an expansive package is needed to boost growth and bring down the debt-to-GDP ratio.

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