EU's Moscovici says in Italy's interest to respect budget rules


  • World
  • Friday, 28 Sep 2018

FILE PHOTO: European Economic and Financial Affairs Commissioner Pierre Moscovici looks on during a news conference in Brussels, Belgium August 20, 2018. REUTERS/Francois Lenoir

PARIS (Reuters) - There is nothing to be gained from a showdown with Italy over its budget targets but Rome has every interest in respecting EU fiscal rules, EU Economic Commissioner Pierre Moscovici said on Friday.

"We have no interest in a crisis between the (European) Commission and Italy, nobody has an interest because Italy is a an important euro zone country," Moscovici said on France's BFM TV.

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