While the government led by Giuseppe Conte had until the end of Tuesday 13 November to present a revised draft budget for 2019 in line with the rules of the preventive arm of the Stability and Growth Pact, Rome did not seem, at the time we went to press, to want to reverse its budgetary orientation.
As a reminder, the European Commission has asked the Italian authorities to present a revised draft budget plan for 2019 on 23 October last (see EUROPE 12123), after they had submitted a...