In a letter addressed to Italian Finance Minister, Giovanni Tria, the European Commission rejected Italy's 2019 budget draft, labelling it a serious breach of EU budget rules after the Italian government said it planned to increase its already record-high spending, which would cause Italy's public debt to be out of line with the EU's rules on stability and growth.
The EU warned in the letter that Italy's proposed 0.8 percent increase in its deficit is a significant deviation from the structural...


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