The President of the European Commission, Jean-Claude Juncker, said on Tuesday 2 April he was "a little concerned to see that the Italian economy is steadily shrinking", following a meeting in Rome with Italian Prime Minister Giuseppe Conte.
Mr Juncker recalled that the Italian budget for 2019 is based on the assumption of GDP growth of 1% (see EUROPE B12163A1). "We now know that this figure must be revised downwards”, he said. He also added: "Given Italy's high public debt, all policies...