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Italy hopes for compromise with European Commission

Jun. 03, 2019 5:28 AM ETiShares MSCI Italy ETF (EWI), HEWI, DBIT, FLIYEWI, HEWI, DBIT, FLIYBy: Yoel Minkoff, SA News Editor
  • The Italian government is confident it can reach a compromise with Brussels, Economy Minister Giovanni Tria declared, blaming an economic downturn for the rising debt and vowed to respect the EU's fiscal rules in the next budget.
  • A report in La Repubblica daily on Sunday said the EU Commission had found Tria’s letter too vague and non-committal, and was likely to take the first steps toward a disciplinary procedure this week.
  • ETFs: EWI, HEWI, DBIT, FLIY

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