June 13, 2019 / 5:45 AM / 13 days ago

Italy's Deputy PM Di Maio rules out government reshuffle - paper

FILE PHOTO: 5 Star leader and Italian Deputy Prime Minister Luigi di Maio presents his EU election program in Rome, Italy, May 2, 2019. REUTERS/Yara Nardi/File Photo

ROME (Reuters) - Italy’s Deputy Prime Minister Luigi Di Maio on Thursday ruled out a government reshuffle and reiterated that cutting taxes is the coalition’s priority.

The European Union moved closer on Tuesday to taking disciplinary action over Italy’s growing debt, a procedure that could saddle the country with large fines and alienate investors.

“Will do what Italians need,” Di Maio told Il Corriere della Sera in a interview when asked if the government would finance planned tax cuts by increasing its budget deficit.

Reporting by Giselda Vagnoni; editing by Darren Schuettler

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