ROME (Reuters) - Italian Prime Minister Giuseppe Conte’s office said on Wednesday the government wanted constructive talks with Brussels to reach a deal over 2019 budget targets, after the European Commission issued a warning over Rome’s finances.
“The government hopes for the continuation of a constructive dialogue with the Commission in order to reach an agreement on the ways in which the objectives for the current year will be achieved,” Conte’s office said in a statement.
The European Commission said earlier on Wednesday that Italy was in breach of EU fiscal rules because of its growing debt, a situation that justifies the launch of a disciplinary procedure.
Conte’s office said Italy’s deficit-to-GDP ratio for 2019 would come in at 2.1%, well below the official 2.4% target.
Reporting by Angelo Amante; Editing by Crispian Balmer