Italy’s PM waits for EU letter on budget

EPA/YOAN VALAT

Italian Prime Minister Matteo Renzi arrives for the European Summit in Brussels, Belgium, 20 October 2016.

Italy’s PM waits for EU letter on budget


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Italian Prime Minister Matteo Renzi said on October 24 that a letter in which the European Commission might warn the country against breaking the bloc’s budget rules would arrive, but that it would not only pertain to Italy, reported the Reuters news agency.

“The letter will come and will cover a number of countries, not only Italy, because of some minor differences, but I don’t believe that it’s the most important thing because we have done things according to the rules,” Renzi told Tg5 television in an interview.

“I certainly will not let some European technocrat tell me that I cannot restructure schools because you cannot call stability into question,” he added.

Italy is the eurozone’s third largest economy.

 

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