Published On: Sat, Apr 6th, 2019

EU assessing impact of slower growth on Italy’s 2019 budget: Dombrovskis

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FILE PHOTO: EU Commission Vice-President Dombrovskis addresses a news conference in Brussels
FILE PHOTO: Valdis Dombrovskis, Vice-President of European Commission, addresses a news conference at the EU Commission headquarters in Brussels, Belgium February 27, 2019. REUTERS/Francois Lenoir

April 6, 2019

BUCHAREST (Reuters) – The European Commission is assessing the implications for Italy’s budgetary requirements of lower-than-forecast economic growth this year, European Commission vice president Valdis Dombrovskis said on Saturday.

He added that there were concerns about Italy’s growth as it could be below the 0.2 percent expansion forecast by the Commission, and much lower than the Italian government’s predictions of 1 percent.

(Reporting by Francesco Guarascio; Editing by Mark Heinrich)



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