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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!