ROME Italy's populist ruling coalition called on Economy Minister Giovanni Tria on Wednesday to allow greater deficit spending in next year's budget in order to make good on campaign promises, causing jitters in financial markets worried about debt.
ROME, Sept 19 Italy's populist ruling coalition
called on Economy Minister Giovanni Tria on Wednesday to allow
greater deficit spending in next year's budget in order to make
good on flagship campaign promises.
ROME Party leaders in the Italian coalition government signalled they will seek leeway from the EU to increase next year's budget deficit, heading on a collision course with the European Commission and investors who want it cut.
ROME Italy will respect European Union budget commitments and address the concerns of credit ratings agencies like Fitch - which cut the outlook for Italian debt - with concrete policy choices in coming weeks, the economy minister said on Saturday.
ROME/MARINA DI PIETRASANTA, Italy Italy's populist government could break European Union fiscal rules next year with a big-spending budget, a cabinet official said on Friday, despite Brussels calling for a "prudent" spending plan and new data showing feeble economic growth.
ROME/BRUSSELS Italy's populist government said on Friday it would cut funds for the European Union unless other states take in boat migrants stranded in an Italian port, earning a rebuke from Brussels for making unacceptable "threats".
ROME Italy's government threatened on Friday to withhold next year's contributions to the EU budget if Brussels failed to resolve a standoff over the fate of immigrants stranded for four days in an Italian port.
ROME Italian Deputy Prime Minister Luigi Di Maio said on Thursday his party would vote to suspend funding to the European Union next year unless other states agreed to take in migrants being held on a coastguard ship in Sicily.
ROME Prime Minister Giuseppe Conte on Wednesday appealed to Italy's European Union partners to take in some of the migrants held on a coastguard ship in a Sicilian port and not allowed to disembark.
ROME Italy will let its coastguard ship carrying 177 migrants it rescued five days ago dock in Sicily, ending a standoff with Malta, its transport minister said on Monday, though it was not clear when and if the migrants would be allowed to disembark.