In the budget dispute between Brussels and Rome, there is, according to the Italian government an “informal agreement” with the EU Commission. The Commission has not confirmed an agreement. The commissioners would discuss the matter this Wednesday, said a spokeswoman for the Brussels authority.

The agreement is expected to be made on Wednesday to the public, when they’ll be rubber-stamped from Brussels, said a spokeswoman for the Finance Ministry in Rome. Further Details were not known.

Italy’s Prime Minister, Giuseppe Conte had announced last week after a Meeting with EU Commission President Jean-Claude Juncker that the debt should be for 2019 less than originally planned. The EU Commission had previously rejected Italy’s draft budget, because it was not compatible with the stability criteria in the Euro area. Italy is so heavily in debt like no other country in the world. The populist government want to promise expensive choice such as a citizens income and reform of the pension system to implement.

will be found If the dispute is not a solution, risking to Italy under the excessive deficit procedure, to which end the penalties in the billions.


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