EU’s Moscovici: European Commission does not want a crisis with Italy

Haresh Menghani FXStreet

The European Economic Affairs Commissioner Pierre Moscovici was out on the wires in the last hour, reiterating the need for a constructive dialogue with Italy on budget proposals.

Key quotes:

• European Commission does not want a crisis with Italy.
• Still has a question on Italy's structural deficit, which is way too high.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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