Monday, December 10, 2018

Conte, Juncker to meet Wednesday


Italian Premier Giuseppe Conte will meet European Commission President Jean-Claude Juncker in Brussels on Wednesday, ahead of this week's EU summit, Juncker's spokesperson said on Monday.

The encounter is likely to take place in the afternoon, the spokesperson said. The European Commission has rejected Rome's budget plan for 2019, which sees Italy running a deficit of 2.4% of GDP next year, saying it breaks EU rules.

This meet in the afternoon to try to avoid EU disciplinary action against Rome over the country's big-spending 2019 budget.

Conte's executive has said an expansive budget is needed to finance key pledges and boost sluggish growth.

After initially ruling out make substantial changes to the package, the government has recently indicated it could amend it to reach an agreement to avert an EU infringement procedure.

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