Italy says 'no plan B' to spending plans despite EU alarm

Giovanni Tria attends during his first session at the Lower House of the Parliament in Rome

Giovanni Tria attends during his first session at the Lower House of the Parliament in Rome

On Wednesday, Italian Economy Minister Giovanni Tria appeared to back off the coalition government's plans by saying he expected the debt-to-GDP ratio to fall, thanks to higher growth. This latest outburst from the minister, who called Juncker a drunk earlier this week, follows ongoing tension between Rome and Brussels over both the budget and Italy's increasingly hard line on migration.

EU Economic Affairs Commissioner Pierre Moscovici angered politicians in Rome when he said "The Italians have. chosen a resolutely euroskeptic and xenophobic government that, on issues of migration and budget, is trying to get out of its European obligations".

"It is up to Italian policy-makers to find rules and measures that will allow Italy to remain within the agreed budgetary targets", Juncker said in an interview with dailies Der Standard and Kurier and weekly Der Falter, that was published on Saturday.

"I will be happy to rebuild a new Europe with the popular vote of May, I work only for the good and the future of the Italian people", Salvini said. One such crisis has been enough. "So you have to be very strict".

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The European Commission will not interfere in Italy's budget planning and assess the budget without bias but propose changes if necessary, European Union Commission President Jean-Claude Juncker told Austrian newspapers.

Juncker said earlier this week that the Italian governing coalition's pledge to press ahead with a budget deficit that will breach European Union rules endangered the euro. "The insults and threats that arrive every day from Brussels and European bureaucrats are incredible and unacceptable", he said.

"The only ruins that I will have to scoop up are those of the lovely European dream, destroyed by people like Juncker".

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