EU not poised to ask Italy to change 2020 budget - Dombrovskis
- Country:
- Belgium
The European Union's economy commissioner Valdis Dombrovskis said on Tuesday that Brussels was not considering demanding changes to Italy's 2020 budget.
Under EU regulations, the bloc's executive European Commission - where Dombrovskis is a member in charge of the euro - could force countries to amend their budgetary plans if they were found to be in serious breach of fiscal rules.
Such a request should be made by the end of October, if at all. But Dombrovskis told a conference in Brussels: "This is not what is currently being considered."
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Valdis Dombrovskis
- European Commission
- Brussels
- European Union
- bloc
- Italy
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