Italy's PM defiant on budget, denies coalition rift


  • World
  • Thursday, 18 Oct 2018

Italian Prime Minister Giuseppe Conte arrives at the European Union leaders summit in Brussels, Belgium October 18, 2018. REUTERS/Piroschka van de Wouw

BRUSSELS (Reuters) - Italy's prime minister on Thursday denied any division between the two parties in his governing coalition, after reports of a spat over tax revenues, and insisted Rome will move ahead with planned expansionary budgetary measures.

His remarks came as European Union leaders raised concerns about Rome's extravagant budgetary plans that could further increase Italy's public debt, which, at 133 percent of gross domestic product, is the largest in the EU after Greece.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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

Bluetooth for two: How to play music on two sets of headphones
Role-play with your friends as influencers dying to go viral
Ukraine ground force commander expects Russian push ahead of arms supplies
Russian attack forces frustrated, hungry residents from Ukraine border town
Chinese EV maker Zeekr surges 34 pct in Wall Street debut
Death toll of bus crash in Russia's St. Petersburg rises to 7
Mexico heat wave melts temperature records in ten cities, including Mexico City
Clean hydrogen investment exceeds 73 bln USD in Canada
U.S. stocks close mixed amid low consumer sentiment
Pandemic agreement talks to continue beyond deadline: WHO

Others Also Read