Italy to make partial use of EU budget leeway for energy and defence | live
By Giuseppe Fonte ROME, Aug 5 (Reuters) - Italy intends to make partial use of budget leeway for energy and defence spending allowed by European Union rules, Economy Minister Giancarlo Giorgetti said on Wednesday. He said Rome would make full use of the extra deficit granted to soften energy costs - amounting to 0.6% of gross domestic product over three years - while only partially tapping the resources available for defence.
By Giuseppe Fonte ROME, Aug 5 (Reuters) - Italy intends to make partial use of budget leeway for energy and defence spending allowed by European Union rules, Economy Minister Giancarlo Giorgetti said on Wednesday. He said Rome would make full use of the extra deficit granted to soften energy costs - amounting to 0.6% of gross domestic product over three years - while only partially tapping the resources available for defence.
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