German Chancellor Angela Merkel said that talks to set the European Union’s budget for the coming seven years will be “very difficult” at an extraordinary summit beginning February 20 in Brussels. “We think our concerns are not sufficiently addressed on many points, and I therefore see very tough and difficult negotiations ahead,” Merkel told reporters…
Tag: budget
Michel invites to EU Council
*Following the meetings held at Sherpa level, I have decided to call a special meeting of the European Council that will begin on 20 February 2020″ reads letter of the EU president Charles Michel, inviting the EU leaders to the Council. https://twitter.com/eucopresident/status/1221101581971730434?s=21 *The time has come to reach an agreement at our level on the…
Salvini assesses EU too weak to attack Italy over budget
The European Union has too many problems to sanction Italy for its 2019 budget, Deputy Premier Matteo Salvini said. “I don’t think the EU is enjoying a state of health such as to allow it to question and sanction Europe’s second industrial power,” he said. Salvini added he was confident that a budget deal would…
Conte confident in budget accord with Brussels
Italian Prime Minister Giuseppe Conte replied to Economic Affairs Commissioner Pierre Moscovici‘s call for a “credible” budget deficit cut by saying “our actions are credible”. Our actions credible – Conte to Mosvcovi. Infringement procedure not be wished for, sure of deal says PM https://t.co/hLpSRnU2DC — Ansa English News (@ansa_english) November 30, 2018 “I am confident in…
Italy budget tussle goes on
European Commission vice president for the euro Valdis Dombrovskis said the EC wants to see a “considerable, and not marginal” correction in Italy‘s budget adjustment from the initial package that was rejected. Dombrovskis said the direction of the budget was currently “counter-productive“. “It must be revised,” he added. The government has been sending mixed signals…
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…
Berlaymont-Rome budget crisis deepens
Deputy Premier Matteo Salvini responded to the European Commission’s decision to reject Italy‘s budget draft and request a new package within three weeks, assessing it as an “attack” on the Italian economy. Salvini says Italy won't change budget, 'Italians come first' https://t.co/xu15vs6l5T pic.twitter.com/DeMhqqmYMb — Reuters UK (@ReutersUK) October 24, 2018 The Commission regards the proposal,…
Berlaymont wrestling with Italy budget
It is highly likely that the European Union will reject Italy’s spending plans this week, with speculation mounting that officials in Brussels intend to say ‘no ‘ to the Euro skeptic government’s 2019 draft budget to prevent its success and growth of popularity wherever it can. The European Commission, the EU’s executive arm which checks…
Salvini blames Juncker for “ruining” Europe
Italian Deputy Premier Matteo Salvini accused the EU unelected burocrats of “ruining Europe“. He assessed actions of European Commission President Jean-Claude Juncker and Economic Affairs Commissioner Pierre Moscovici after they criticised the Italian government’s budget plans: “The EU said yes to budgets that impoverished Italy and made its situation precarious,” Salvini said, while visiting a fair…
EU27 guidelines for Brexit put forward
The EU #Brexit Summit equipped the EU27 chief negociator Michel Barnier with the guidelines for the upcoming talks, with the major task of getting maximum amount from the UK for the EU projects up to the end of the current budget cycle up to 2020, and ensuring best rights for more than three million EU…
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