UPDATE 1-"We are not at war with Italy", EU's Juncker says as he sees progress on budget
This set the stage for a possible disciplinary procedure that could lead to fines and would leave Italy in the market spotlight for a prolonged period. But over the last days Rome has sent signals it could tweak its budgetary plans.
"The atmosphere is good. We are making progress," he said, adding that he would have a meeting with Italy's Prime Minister Giuseppe Conte later on Friday or on Saturday.
"I want Italy to be the Italy, Italy always was inspiring Europe, not turning its back to Europe," Juncker said, urging not to "dramatise" the current dispute with Rome over its budget. (Reporting by Francesco Guarascio in Brussels; editing by Jan Strupczewski)
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