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EU news: Matteo Salvini pledges to overturn EU's refusal of Italy budget plan | World | News
Published On: Thu, Oct 11th, 2018

EU news: Matteo Salvini pledges to overturn EU’s refusal of Italy budget plan | World | News

Speaking to Radio Radicale‘s deputy prime minister blamed the for “impoverishing” Italian citizens and forcing the country into a precarious state.

He said: “The prescriptions imposed by Europe – and by the Governments of Monti, Letta, Renzi and Gentiloni – have increased the public debt and made Italy poor and precarious.

“We will do the exact opposite of that.”

It comes as EU Union bosses announced they will take unparalleled action in order to reject Italy’s controversial budget if coalition leaders Matteo Salvini and Luigi Di Maio refuse to back down to demands to improve plans to run at a fiscal deficit.

EU officials believe the bloc’s powerful European Commission will enforce strict non-compliance rules in order to protect Brussels’ credibility.

Rome will submit its draft budget proposals to Brussels in mid-October, which will be followed by officials scrutinising the proposals to see if they follow EU-wide rules.

Brussels may choose to launch a last-ditch attempt to reach a compromise with Rome over the differences before opting to reject it outright.

If the Italian government decides to refuse the Commission’s proposed changes, officials would then seek to open an excessive deficit procedure against Rome.

EU member states would have to give the action, which would designate a new fiscal path for Italy to balance its books, the go-ahead.

But Mr Salvini has vowed to remain hard-nosed on the budget plans despite threats from Brussels.

Reacting to the news, he said: “We go ahead calm and responsible.

“There are no plan B or backtracks.

“We are convinced that the planned budget measures will create jobs and wealth.”

The eurosceptic Interior Minister’s party, Lega, was the second most voted party at the Italian election in March 2018 with 17.4 percent of the votes.

Latest SWG polls of 1,500 Italians revealed support for the eurosceptic party had nearly doubled since the election, hitting 30.7 percent on October 8 in an apparent sign Matteo Salvini’s demands for more support from the European Union have been met with the approval of Italian voters.

Responding to the results of the latest polls on Rai3 programme Agorà on Wednesday, Mr Salvini said: “I am proud of our government. Italians understand we are doing our best.

“We will make mistakes but we will do so with our own heads not because of someone else’s orders.”

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EU news: Matteo Salvini pledges to overturn EU’s refusal of Italy budget plan | World | News