EU's Juncker: We will be examining Italian budget without prejudice

Eren Sengezer FXStreet

The European Commission's President Jean-Claude Juncker is now crossing the wires with key quotes, via Reuters, found below.

EU leaders agree on need to complete banking union.
EU leaders agree on need for a timetable to introduce deposit guarantee scheme.
We will be examining Italian budget without prejudice.
Italy has used all the budget flexibility instruments available in EU.
Italy has spent 30 bln euros more without sanction.
Commission was kind, gentle, positive to Italy because it is Italy.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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