Italian government announces 'brave and responsible' budget plan

Risk of 'rubble' with Salvini - Juncker - English

Risk of 'rubble' with Salvini - Juncker - English

"There's been a lot of noise around Italy, but I think the key question to focus on is not the rounding around the budget numbers that they are predicting or forecasting, but more this perception of whether the relationship with Europe is cooperative or whether it is disruptive", he said.

European Commission Vice President Valdis Dombrovskis and Economy Commissioner Pierre Moscovici penned a joint letter to Economy Minister Giovanni Tria on Friday "taking note" of the plans, which haven't yet been formally submitted to Brussels.

Juncker's words were echoed by eurozone finance ministers at a Eurogroup meeting who cautioned against Italy's budget plans.

Some European officials have outlined their reservations regarding Italy's spending plans, which for 2019 are three times higher than those that the previous government had planned.

More news: Lil Wayne’s Headlining A3C Set Ends In Chaos
More news: Hubble Is in Safe Mode After Another Gyroscope Failure
More news: Twins' Miguel Sano runs over policeman in hit and run

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 Italian Deputy Prime Minister PM Di Maio is out on the wires now, via Reuters, making some comments in reaction to the Draghi headline.

"The only ruins that I will have to scoop up are those of the lovely European dream, destroyed by people like Juncker", he said, adding that he hoped European parliamentary elections set for next May would usher in a new political age.

European Commission President Jean-Claude Juncker said Friday that he hopes Italian Interior Minister and Deputy Premier Matteo Salvini "does not end up in the situation of having to pick up a pile of rubble", APA reported.

Recommended News

  • Wind Power could Warm Earth, Study Finds

    Wind Power could Warm Earth, Study Finds

    While the materials that make up a wind turbine don't appear out of nowhere, mining for oil and coal is ecologically devastating. Meanwhile, if the entire world switched over all their energy production to wind farms, something interesting would happen.

    How are you fighting climate change?

    The IPCC warning comes as the political battle around Canada's climate change policies heats up. Without real change, the world is not even on course to reach the 2C target, experts said.
    Melania Trump’s visit to Africa in Pictures

    Melania Trump’s visit to Africa in Pictures

    After traveling to Ghana and Malawi, she arrived in Kenya on Friday, where she visited an orphanage called The Nest in Nairobi. Mrs Trump's visit to Kenya was the third stop on her Africa tour, which began on Tuesday in Ghana.
  • Eric Holder Questions Legitimacy of Supreme Court

    Eric Holder Questions Legitimacy of Supreme Court

    The court's two oldest justices are Democratic appointees: Ruth Bader Ginsburg is 85 and Stephen Breyer is 80. Democrats are hopeful of winning control of the House but the Senate is a long shot.
    It's now Hurricane Michael and it's hitting Cuba

    It's now Hurricane Michael and it's hitting Cuba

    Michael battered parts of Mexico and Cuba with powerful winds and drenching rains on Sunday and into early Monday. Florida State University said its campuses in Tallahassee and Panama City will be closed from Tuesday to Friday.
    Denis Mukwege and Nadia Murad awarded Nobel Peace Prize 2018

    Denis Mukwege and Nadia Murad awarded Nobel Peace Prize 2018

    No Nobel literature prize will be awarded this year due to a sex abuse scandal at the Swedish Academy, which chooses the victor . Shocked by the violence, Murad set about trying to escape, and managed to flee with the help of a Muslim family from Mosul.
  • NKOTB’s ‘The Mixtape Tour’ coming to Pepsi Center

    NKOTB’s ‘The Mixtape Tour’ coming to Pepsi Center

    Head to the attic and dig out those cassette tapes from the '80s and '90s: New Kids On the Block are back. The tour will feature special throwback guests Salt-N-Pepa, Tiffany, Debbie Gibson and Naughty By Nature.
    Turkey's Erdogan says awaiting probe results over missing Saudi journalist

    Turkey's Erdogan says awaiting probe results over missing Saudi journalist

    Turkey has requested a search of the Saudi consulate in Istanbul, after saying that a journalist was murdered within its walls. He was seeking to secure documentation for his forthcoming marriage when he entered the Saudi consulate in Istanbul.
    Giants Beckham:

    Giants Beckham: "I don't want to be held back anymore"

    Quarterback Cam Newton connected on two of his four pass attempts to place the Panthers on the NY 45 with 30 seconds left. His 45 targets were tied for eighth-most in the National Football League entering Week 5.
  • CPJ calls on Saudi Arabia to account for Jamal Khashoggi's whereabouts

    CPJ calls on Saudi Arabia to account for Jamal Khashoggi's whereabouts

    Turkish authorities have concluded that the Saudi journalist had been killed at the consulate of Saudi Arabia in istanbul. Saudi officials say he left shortly afterwards but his fiancee, who was waiting outside, said he never came out.
    Iggy Azalea concert at the Stifel Theater canceled

    Iggy Azalea concert at the Stifel Theater canceled

    Iggy took to Twitter to comfort her disappointed fans, saying that the decision to cancel the tour was out of her hands. The tour's opening act CupcakKe pulled out on Tuesday , then tweeted on Saturday about the "change" that went down.
    Intel Announces First 9th-Generation Core Processors

    Intel Announces First 9th-Generation Core Processors

    These SKUs finally bring core-count parity with AMD's first and second generation 8-core Ryzen CPUs in the mainstream space. Additionally it features 16MB of L3 cache (2MB of per core), supports dual channel DDR4-2666, and is rated at 95W TDP.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.