-
Italy dismisses 'implausible' EU forecasts, says budget is sound
Italy’s government stuck by its economic forecasts on Thursday, dismissing more pessimistic ones from the European Commission as a row over the country’s expansionary 2019 budget rumbled on. Prime Minister Giuseppe Conte said the Commission’s forecasts underestimated the positive impact on economic growth of the budget and of structural reforms that Rome is enacting. “There are no grounds for questioning the soundness and the sustainability of our reforms,” he said in a statement. “For this reason we consider any other type of scenario for Italy’s public accounts to be absolutely implausible.”
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 8, 2018 3:34pm Nov 8, 2018 3:34pm
- jeanmk
- | Joined Jul 2012 | Status: Member | 113 Comments
- Comment #2
- Quote
- Nov 8, 2018 3:40pm Nov 8, 2018 3:40pm
- nbfx
- | Joined Oct 2010 | Status: Member | 1490 Comments
- Comment #3
- Quote
- Nov 8, 2018 4:54pm Nov 8, 2018 4:54pm
- Guest
- | IP XX.XXX.64.22