Italy's economic situation not improving - Katainen (2)
Rome set to get letter on budget from Commission - sources
14 Novembre 2017
Brussels, November 14 - European Commission Vice-President Jyrki Katainen on Tuesday expressed disappointment at Italy's lack of alleged progress in improving its public finances. "The EC's opinion on Italy's budget law will come out next week and I don't want to anticipate it," Katainen said. "But the fact is everyone can see from the numbers that the economic situation in Italy is not improving. "The only thing that I can say in my own name is that all the Italian people should know what the real economic situation of Italy is - a deviation from the medium-term objectives in the structural balance," Katainen said. The European Commission will send an new letter to Italy requesting clarification and commitments in relation to the budget law and it will make a definitive decision about the package in May 2018, ANSA sources said Tuesday. On Tuesday the college of commissioners spoke about the EC's opinion on the Italian budget law, which is set to be published on November 22.