Respecting fiscal rules not Italy's priority, says deputy PM


  • World
  • Monday, 06 Aug 2018

FILE PHOTO: Italian Deputy Prime Minister Luigi Di Maio speaks in Rome, June 7, 2018. REUTERS/Tony Gentile/File Photo

ROME (Reuters) - Respecting European Union's fiscal rules is not the priority of Italy's new government though it will try to abide by them if they do not hamper its reform agenda, deputy Prime Minister Luigi Di Maio said on Monday.

He said Rome would try to apply its planned reforms, which include tax cuts and higher spending on pensions and welfare, without breaching fiscal conditions set by the European Union to help Italy reduce its public debt, the highest in the bloc after bailed-out Greece.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In World

U.S. dollar ticks up
Turkish court sentences Syrian woman to life in prison over Istanbul bombing
Students at Stanford University hold pro-Palestine demonstration
At least 10 killed in hotel fire in southern Brazil
Interview: Hopes of rate cuts driving FTSE 100 rally, says LSE expert
Israeli shekel falls to over 5-month low against USD
UM Consumer Sentiment Index falls in April
Timeline: King Charles set to resume duties after cancer treatment
Over 1.9 mln people at risk of flooding across Ethiopia: UN
Roundup: Kenya allocates 30 mln USD for flood response as death toll reaches 70

Others Also Read