EU Commission to discuss Italy's public finances on July 3

The European Commission will discuss Italy's public finances at its weekly meeting on Wednesday, a spokesman for the EU executive said on Tuesday. The meeting will be held at 1030 GMT in Brussels.

The Commission is expected to decide whether to recommend a disciplinary procedure against Rome for its rising debt. The meeting was postponed by a day because the president of the Commission, Jean-Claude Juncker, had to attend an extraordinary summit of EU leaders over divvying up the bloc's top jobs after European elections in May.