The EU commissioner is still employing bullying over Italy’s budget, insisting that Italy has “no future” outside of the Eurozone.
The European Commission disagrees with Italy’s spending plans for the coming years and has asked Rome to submit a new draft budget by 13 November. So far, government ministers have refused, saying they will not change their economic plans.
The EU’s Economics chief Pierre Moscovici insisted on Thursday that there was little room for Brussels to compromise with the Italian government over its budget plans.
“I am concerned about the word compromise,” Moscovici told reporters revealing the Commission’s autumn 2018 Economic Forecast. “There cannot be a sort of negotiation on this,” he added.
He further warned against any sort of #Quitaly exiting the Eurozone: “We would like Italy to remain what it is, a major country within the Eurozone, there is no future for Italy outside the Eurozone, there is no future for Europe without Italy.”
Italian Finance Minister Giovanni Tria isn’t impressed with the Brussels budget block explaining: “The fact remains that the Italian Parliament has authorised a maximum deficit of 2.4% for 2019 that the government, therefore, is committed to respecting.”
The popular Deputy Prime Minister Matteo Salvini has insisted that “we are not changing a comma of the budget”. The most recent polls in Italy show that only 44 per cent of Italians support remaining in the EU. Perhaps #Quitaly isn’t too far off and Italy will join Brexit outside of the EU?
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