Edition:
United Kingdom

Giuseppe Fonte

Italy lowers deficit target, EU sees progress on budget row

13 Dec 2018

BRUSSELS/ROME The Italian government has offered to lower its deficit target for next year, Prime Minister Giuseppe Conte said on Wednesday, with the European Commission declaring that good progress has been made in a dispute over the country's budget. | Video

Italy's lower deficit goal - a politically useful fudge

13 Dec 2018

ROME Italy's surprise decision to sharply cut its budget deficit goal does little to address the problems of its finances or a deeper debate over EU fiscal rules, but may serve the real purpose of easing market pressure and playing for time.

Italy coalition parties resisting major changes to deficit target - government source

11 Dec 2018

ROME Italy's coalition parties are resisting any major reduction to next year's deficit target, complicating efforts to avoid EU disciplinary action over the 2019 budget, a government source said on Tuesday.

Italy's economy minister denies resignation reports

07 Dec 2018

ROME/VENICE Italy's Economy Minister Giovanni Tria said on Friday he would not resign and dismissed newspaper reports that he was on the verge of quitting amidst talks with Brussels over next year's budget.

Italy's economy minister denies resignation reports

07 Dec 2018

ROME/VENICE Italy's Economy Minister Giovanni Tria said on Friday he would not resign and dismissed newspaper reports that he was on the verge of quitting amidst talks with Brussels over next year's budget.

Italy's League resisting large cut to 2019 deficit goal: sources

06 Dec 2018

ROME Italy's ruling League party will accept only a minor reduction to next year's budget deficit target, senior party sources said on Thursday, conceding little to Brussels, which says the plan breaks European Union public finance rules.

Italy looking to secure EU budget compromise, squeeze spending plans

05 Dec 2018

ROME Italy will present new budget numbers by next week, paring back spending plans on promised pension reform and income support in the hope of overcoming EU opposition, a senior government figure said on Wednesday.

Italy looking to secure EU budget compromise, squeeze spending plans

05 Dec 2018

ROME Italy will present new budget numbers by next week, paring back spending plans on promised pension reform and income support in the hope of overcoming EU opposition, a senior government figure said on Wednesday.

Italian PM upbeat on EU deal prospects ahead of budget votes

02 Dec 2018

ROME The Italian parliament begins voting this week on the government's contested 2019 budget, with Prime Minister Giuseppe Conte optimistic that a deal can be agreed with the European Commission.

Italy sticks to 2019 budget goals, for now, ahead of cost review

26 Nov 2018

ROME The Italian government said on Monday it was sticking to its main 2019 budget goals for now as it awaits a cost analysis of its main spending measures, but left open the possibility of eventually cutting its deficit target.

World News