Italy is aiming to convince the EU to delay the decision on debt procedure until after the summer, believing that Italy's public finances will be better following July's tax revenue data., coalition sources

Analysis details (13:14)

Does come in the context of the ongoing dispute between Italy and the EU over Italy’s budget deficit, with the European Commission recently stating that taking action against Italy is justified due to debt levels continuing to rise. With EU’s Juncker stating that Italy is at risk of being stuck in EDP for multiple years, and are moving in a negative direction

12 Jun 2019 - 13:08- ForexImportant- Source: Newswires

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