EU's Moscovici: Real dialogue with Italy has commenced

The European affairs minister Pierre Moscovici crossed the wires in the last hour and said that said that real dialogue with Italy has commenced. We are on the correct path on Italy budget talks and must continue to ensure progress, he added further.

Additional quotes:

   •  Higher French debt may raise financing cost.
   •  It is up to France to decide on how they spend their funds.

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