FILE PHOTO: Italy's Prime Minister Giuseppe Conte awaits to welcome participants as they arrive to attend the first day of the international conference on Libya in Palermo, Italy, November 12, 2018. REUTERS/Guglielmo Mangiapane
ROME (Reuters) - Italy's state accounts are improving despite the slowing economy and do not warrant EU sanctions, Prime Minister Giuseppe Conte has written in a letter to EU leaders as he seeks to head off disciplinary action.
The European Union Commission has threatened to impose disciplinary procedures on Italy over the management of its huge public debt, and is urging Rome to adopt new measures to improve its public finances this year and next.
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