Giovedì, 18 Ottobre 2018

EU praises Italy's deficit cutting, says must stay course


(ANSA) - Brussels, September 21 - The European Commission on
Friday praised Italy's efforts to cut its budget deficit but
said the country must stay on the course of fiscal discipline
and structural reform.
ANSA sources at the Commission said Italy had done well to
reduce its deficit after Premier Mario Monti said on Thursday
that the government was committed to achieving a structurally
balanced budget - within 0.5% of GDP - next year at the
presentation of its economic blueprint for the next two years.
But the sources stressed that it is "important that Italy
maintains the same determination" in pressing ahead with
economic reforms and that the Commission would continue to
monitor developments closely.

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