ROME (Reuters) - Italian Prime Minister Matteo Renzi said on Friday that he did not expect the European Commission to reject Italy's 2016 budget but if it does, Rome will re-submit it "as is".
"If Brussels gives the budget a failing grade you re-submit it as is and the score is 1-1 and nothing changes," Renzi told a morning talk radio show.
But he added that he did not expect this to happen because "we are among the very few countries that are within the rules."
The tax-cutting 2016 budget, presented on Thursday, will abolish a tax on primary residences, scrap levies on agricultural and industrial equipment, offer tax breaks to companies that invest in machinery and equipment and reduce the television licence fee.
(Reporting By Philip Pullella)
Relacionados
- El Gobierno de Murcia y Tejerina acuerdan rebajar el precio del agua desalada
- Economía/Motor.- (Ampl.2) Soria y Báñez acuerdan con CCOO y UGT la creación de un grupo seguimiento del caso Volkswagen
- Junta y Diputación acuerdan que el alumnado de Actividades Deportivas pueda usar instalaciones provinciales
- Los grupos acuerdan elaborar propuesta de financiación autonómica antes de las próximas elecciones generales
- Espadas y CB Sevilla acuerdan descuentos a jóvenes en abonos, promocionar el club y llevar el deporte a barrios
