September 7, 2018 / 4:49 PM / 9 months ago

EU's Dombrovskis says Italy moving in right direction on budget

European Commission Vice-President Valdis Dombrovskis holds a new conference in Brussels, Belgium May 23, 2018. REUTERS/Francois Lenoir

VIENNA (Reuters) - The European Union commissioner for the euro said on Friday that commitments made by Italy’s finance minister about the country’s budget for next year were a move in the right direction.

Italy’s Finance Minister Giovanni Tria offered commitments to improve the country’s structural deficit and reduce the debt, Valdis Dombrovskis told a news conference.

“This clearly is a commitment that goes into the right direction,” he added.

Reporting by Francesco Guarascio

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