Ready to break some EU budget limits if needed to spur jobs: Italy

Italy's Deputy Prime Minister Matteo Salvini said on Tuesday that the country is ready to break European Union budget rules if necessary to spur jobs. Italy is the only eurozone country in which the European Commission expects employment to fall this year, by 0.1 percent. The government has also forecast that employment will decline this year.

"If we need to break some limits, like the 3% (deficit-to-GDP ratio) or 130-140% (debt-to-GDP ratio), we're ready to go ahead. Until we arrive at 5% unemployment, we will spend everything that we should and if someone in Brussels complains, that won't be our concern," he told reporters.