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Italy's Tria: No new steps needed to address EU concerns over debt


ReutersRome
Updated: 14-06-2019 17:07 IST
Italy's Tria: No new steps needed to address EU concerns over debt

Image Credit: Pixabay

Italian Finance Minister Giovanni Tria said on Friday that Rome did not need to adopt new fiscal measures to comply with European Union fiscal rules, apparently contradicting the position of EU partners.

"We need to reach a deficit (in 2019) which will also compensate for deviations from the 2018 target. We think we can reach it without legislative changes," Tria told reporters after a meeting with EU Economics Commissioner Pierre Moscovici.

Many EU officials have asked new measures to reduce Italy's soaring debt.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : Italy

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