Tag: Luigi Di Maio

Tuesday, November 27th 2018 - 08:44 UTC
Italy confirms its high spending budget to “end poverty” and defies EU rules

Italy's government says it will stick to its high-spending budget plans, setting up a potential stand-off with the European Union over its deficit. PM Giuseppe Conte, who held talks with deputies Matteo Salvini and Luigi Di Maio on Monday, said the objectives for 2019 had already been fixed.
Wednesday, November 14th 2018 - 08:50 UTC
Italy ignores EC deadline and keeps to its high spending budget

The Italian government has defied the European Commission by sticking to its big-spending budget plan. Deputy Prime Minister Matteo Salvini said a deficit target of 2.4% and a growth forecast of 1.5% were unchanged.
Wednesday, October 17th 2018 - 08:52 UTC
Another headache for the EU: Italy and its populist budget

Italy's government on Tuesday pushed the country closer to a showdown with the European Union after submitting its latest budget for review. The budget proposes increases both Italy's overall government debt and its deficit in the short run pushing the deficit as high as 2.4% of GDP over the coming years. This means Italy will fall foul of a previously mandated maximum deficit level of 0.8% of GDP.
Friday, June 1st 2018 - 07:09 UTC
Different flavors, but Italian pizza: coalition government takes office this Friday

A coalition government has been agreed in Italy, ending months of uncertainty in the EU's fourth-biggest economy. Prime Minister-designate Giuseppe Conte presented his list of ministers to President Sergio Mattarella for the second time in a week and the new government will be sworn in this Friday, June first.
Wednesday, May 30th 2018 - 09:18 UTC
Italian lawmakers demand EU budget commissioner be forced out of office

Senior Italian politicians on Tuesday called for EU budget commissioner Gunther Oettinger to resign over an “absurd” comment in which he voiced the hope that the country's poor economic situation will keep populist parties out of government.
Monday, May 28th 2018 - 07:01 UTC
“Institutional crisis” in Italy: the Euro at the heart of the powers dispute

The leader of Italy's biggest political party has called for the president to be impeached after he vetoed a choice for finance minister. Luigi Di Maio of the populist Five Star Party said President Sergio Mattarella had caused an “institutional crisis”.
Tuesday, May 22nd 2018 - 07:12 UTC
Populist Euro-skeptic coalition agreed in Italy; panic in Brussels

Law professor Giuseppe Conte has been named as the choice of the Five Star Movement and League to lead the Italian coalition government. The leaders of the two parties have been holding talks with President Sergio Mattarella over the approval of their coalition government.
Saturday, May 19th 2018 - 09:18 UTC
Italy readies for a populist euro skeptic coalition; challenge for Brussels and the Euro

Italy’s two anti-establishment parties promised on Friday to ramp up spending in a program for a new coalition government, putting them on a collision course with the European Union despite having dropped some of their most radical proposals.
Saturday, May 12th 2018 - 08:33 UTC
Sunday surprise: populist/hard right government in the making in Italy

Italian anti-establishment and far-right leaders met on Friday to hash out a deal over a joint government that could be announced as soon as Sunday. Matteo Salvini, leader of the nationalist League, told reporters after meeting head of Five Star Movement (M5S) Luigi Di Maio at the lower house Chamber of Deputies that their aim was to reach an agreement “as soon as possible.”
Tuesday, May 8th 2018 - 08:38 UTC
Italy: president proposes neutral government followed by fresh elections in 2019

President Sergio Mattarella on Monday suggested the formation of a 'neutral' government to rule until the end of this year after a third round of consultations failed to produce to way out of Italy's post-election political deadlock.