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Image header Agence Europe
Europe Daily Bulletin No. 12274
ECONOMY - FINANCE - BUSINESS / Italy

Start of negotiations to avoid opening of infringement proceedings against EU budgetary rules

In an atmosphere considered "constructive", discussions between Italy, its peers in the Eurogroup, and the European Commission began on Thursday 13 June in Luxembourg, with sights set on avoiding the opening, in early July, of an Excessive Deficit Procedure based on Italian public debt criteria (see EUROPE B12269A1).

Italian Minister Giovanni Tria met with Euro Commissioner Valdis Dombrovskis and will do the same with Economic and Financial Affairs Commissioner Pierre Moscovici on Friday.

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