Make Kitco Your Homepage

Italian PM says can change 'a few little things' on budget

Kitco News

MILAN (Reuters) - Italian Prime Minister Giuseppe Conte was quoted as saying on Wednesday he was ready to amend slightly some of the measures included in the country’s 2019 budget in a bid to overcome a rejection by the European Commission.

“If I have the chance to reduce the economic impact of some measures I’m here,” Conte told la Repubblica daily.

“I’m the one who is entitled to speak with the European Commission ... and I never halted discussions. Right now if I can recover some funds, tweak the final figure, change a few little things, it doesn’t mean I’m backtracking,” he said.

“If they bring me calculations which allow me to write 2.3 percent or 2.1 percent I’m still carrying out proposed reforms,” he added in reference to next year’s deficit goal of 2.4 percent of gross domestic product.

Reporting by Valentina Za, editing by Giselda Vagnoni

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News