EU, Italy Found Solution On Rome's 2019 Budget - European Commission Vice President

Rukhshan Mir (@rukhshanmir) Published December 19, 2018 | 04:52 PM

EU, Italy Found Solution on Rome's 2019 Budget - European Commission Vice President

Brussels and Rome have found a solution on Italy's 2019 draft budget, initially rejected by the EU authorities over concerns about Italy's debt, European Commission's Vice-President Valdis Dombrovskis said Wednesday

MOSCOW (UrduPoint News / Sputnik - 19th December, 2018) Brussels and Rome have found a solution on Italy's 2019 draft budget, initially rejected by the EU authorities over concerns about Italy's debt, European Commission's Vice-President Valdis Dombrovskis said Wednesday.

"Intensive negotiations over the last two weeks have resulted in a solution for 2019. This allows us to avoid excessive deficit procedure at the given stage. This is, of course, provided that all agreed measures are implemented," Dombrovskis said.

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