Juncker says Italy not keeping its word on deficit

Home Investment Juncker says Italy not keeping its word on deficit
Juncker says Italy not keeping its word on deficit

© Reuters. FILE PHOTO: Informal meeting of EU leaders in Salzburg

PARIS (Reuters) – European Commission Chief Jean-Claude Juncker said on Friday that the Italian government was not keeping its word on budget deficit commitments.

"I have nothing against Italy. I love it," he said in an interview with Le Monde. "Describing us as cold, bunkerised monsters insensitive to people's calls must stop," he said.

But he stressed that Italy's debt was much higher than France's and its deficit targets had changed.

"France is keeping its word," Juncker said. "Italy isn't."

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published.