Our Opinion on Italy’s revised draft budgetary plan confirms our initial assessment that it is in “particularly serious non-compliance” with the EU Council’s recommendation to Italy - which the government itself signed up to last July.
Today is not yet the opening of an EDP. First the Member States must give their views within two weeks, then the @EU_Commission will have to prepare the procedure, including a new recommendation for Italy to correct its deficit and debt trajectory.
Our door remains open to dialogue with Italy. As we move closer to opening an Excessive Deficit Procedure, it is even more essential that the Italian authorities engage constructively with the @EU_Commission.
