Italy’s PM Conte: Will present budget proposal to EU in the next few hours

In an interview with Avvenire, an Italian daily newspaper, the Italian PM Conte noted that his government will present the budget proposal to EU in the next few hours.

Additional Comments:

So as to avoid disciplinary procedures being taken against Italy.

The new proposal will likely envisage lower deficit than previously planned.

EU will have to take into serious considerations on the new proposal.