Lunedì, 24 Settembre 2018
BRUSSELS

EC to decide May 29 on Italy's excessive-deficit procedure

English
© ANSA

Brussels, May 17 - The European Commission on
Friday said it had "favorably received" the efforts put forth by
the Italian government to put its public finances in order and
to have excessive-deficit procedures removed.
"We will present our recommendations on May 29," said a
statement.
Enrico Letta's left-right government is hoping to convince
the EC to end the excessive-deficit procedure it has against
Italy this month or early in June.
The government forecasts Italy's deficit-to-GDP ratio will
be 2.9% this year, taking it under the 3% threshold permitted by
the EU.

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