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EU Commission to reject Italy budget plan: Spiegel
Added at 9:30am
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EU Commission rejects Italy's budget
The dispute between the EU Commission and Italy's populist government is entering the next round. The Brussels authority will reject the draft budget for the coming year. Confirmed EU Budget Commissioner Günther Oettinger (CDU) told SPIEGEL. "It has been confirmed that Italy's budget for 2019 is not compatible with the commitments that exist in the EU," Oettinger said. The letter from Economic and Financial Commissioner Pierre Moscovici is due to arrive in Rome on Thursday or Friday. Italy had submitted the draft on the night of Tuesday at the last minute . The Commission is now reacting remarkably fast; she would ... (full story)