The Italian government has made to the budget of the country with the EU seems to be an “informal agreement”. The European Commission has not confirmed this so far. The commissioners, however, would come on Wednesday, said a spokeswoman for the Brussels authority.
Italy’s Prime Minister, Giuseppe Conte had announced last week after a Meeting with EU Commission President Jean-Claude Juncker that the government would be at a lower deficit than originally planned for 2019 is planned. This should be down to 2.04 per cent instead of 2.4 per cent.
The EU Commission had rejected in October in the fall, for the first time ever, the draft budget of a member state, the following improvements have been rejected. The Commission criticised the fact that Italy’s debt was for 2019, three times as high as that of the previous government, with Brussels agreed. According to the EU Commission, this is a gross violation of the stability criteria in the Euro area. Italy opened a criminal case threatens, therefore, at the end of the money are met in the billions.
Italy’s state debt of about 2.3 trillion amounts to Euro: Which is more than 130 percent of gross domestic product. Are allowed, according to the Euro stability rules, 60 per cent. A country is about, it must generally reduce its debt in the longer term.