EU Says Italy Must Deliver 'credible' Response To Debt Problem

EU says Italy must deliver 'credible' response to debt problem

The European Union warned Wednesday that Italy must reduce spending to cut down its enormous debt pile in a direct challenge to the eurosceptic and populist government set to take office in Rome.

Brussels, (APP - UrduPoint / Pakistan Point News - 23rd May, 2018 ) :The European Union warned Wednesday that Italy must reduce spending to cut down its enormous debt pile in a direct challenge to the eurosceptic and populist government set to take office in Rome.

"The Italian debt is an important question for Italy's future (...) This requires a credible answer," said EU Economic Affairs Commissioner Pierre Moscovici at a news briefing.