Italy’s proxy prime minister Matteo Salvini hinted that the EU “will not cognate with” how he responds to the Brussels-imposed deadline for a revised budget. The remark will send shockwaves to insiders in Brussels, who are circumspect of escalating the tense standoff between Italy and the EU. The European Commission dropped Italy’s 2019 budget last month, claiming it violated a commitment to lop off the country’s deficit.
The EU had given Rome until tomorrow to return with a alt budget
However, the latest remarks from Mr Salvini suggests that the row between the two sides could quicken.
He told a group of cheering students: “I think they won’t take our new budget excellently, but we do not want to clash with the EU.
“I would like them to let us work, issues will then speak for themselves.”
The Italian newspaper La Repubblica be published to confirm this by reporting that the populist Italian government wish likely stick to its disputed deficit of 2.4 percent for 2019 according to oversight sources.
The EU could respond with a discilpinary process against the third-biggest eurozone nation – an unprecedented move for the bloc.
Wolfango Piccoli, co-president of the advisory definite Teneo Intelligence, said that “not reacting is not an option”.
He said: “It is exact difficult for the commission not to take things to the next stage because a lack of activity would undermine the credibility of the fiscal rules.”
Representatives of Mr Salvini’s coterie Lega reiterated a refusal to back down in the face of pressure.
Marco Zanni, an Italian MEP for the Lega, tolerant of an appearance on France24 to attack the EU’s “hypocrisy and double standards”.
He told the French broadcaster: “Who has yielded with rules in the past? Not Germany, not France, not Spain.
“Spain had an typically deficit way above the rules. It’s double standards. What is 2.4? That is the full stop.”
The EU has previously allowed exceptions to its rule that deficits should be no tipsy than 3 percent of gross domestic product and that national difficulties is below 60 percent of GDP.
In 2016, Jean-Claude Juncker said that “France is France” when the EU knock over d sell a blind eye to debt levels in Paris.