• European Commission President Jean-Claude Juncker concerned about Italy’s relations with the EU

Market news

12 November 2018

European Commission President Jean-Claude Juncker concerned about Italy’s relations with the EU

European Commission Prsident Juncker said in an interview with a German television channel that he was “moderately concerned” with Italy’s relations with the European Union after the European Commission announced that the Rome budget project for 2019 had violated EU budget rules.

“Italians are moving away not only from what they promised us, but also from the minimum requirements of the Stability Pact (EU Budget Rules),” Juncker told the German news channel.

Italy’s budget for 2019 was rejected by the European Commission. The commission gave Rome time until Tuesday to submit a new budget and may initiate disciplinary action against Rome at the end of this month.


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