Economics

Italy's Di Maio Says EU Rules Can't Be Excuse to Block Program

  • ‘Fine’ if government implements measures within limit: Di Maio
  • Respect of rule to provide market with fewer concerns, he says
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Deputy Premier Luigi Di Maio said the European Union budget rules mustn’t be used as an excuse to block efforts to help struggling Italians.

Di Maio said “it would be fine” if the government can finance its program for a flat tax, citizen’s income and lower retirement age within the EU deficit limit of 3 percent of gross domestic product. “This would mean providing the financial markets with fewer reasons for concern,” he said in an interview with RAI television network’s Agora show.