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Commissioner Pierre Moscovici and Italian finance minister Giovanni Tria at the meeting (Photo: Council of the European Union)

Euro ministers call on Italy to change its budget

Eurozone finance ministers on Monday (5 November) called on Italy to revise its planned 2019 budget within a week, after the European Commission rejected the budgetary plans of Rome's populist coalition government.

"We expect a new and revised draft budgetary plan by November 13 and that is a necessity," EU economic affairs commissioner Pierre Moscovici told reporters, adding that concerns raised by the EU executive have yet to be addressed.

Rome has been reluctant to significan...

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

Commissioner Pierre Moscovici and Italian finance minister Giovanni Tria at the meeting (Photo: Council of the European Union)

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Author Bio

Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.

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