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BRIEF: EU's Gentiloni-Limit To Budget Deadline Flexibility

EU Commissioner Gentiloni says he will not be endlessly flexible on deadlines for submission of states' 2025 budgets .

MNI (LONDON) - Europe’s Economy Commissioner Paolo Gentiloni said on Monday that there is a limit to flexibility as Spain admitted it would not be able to deliver its draft 2025 budget plan by the October 15 EU deadline. 

"We can't lose the connection between the DBPs and the Medium-Term Fiscal Plans. Those two things need to be connected," the commissioner said. 

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MNI (LONDON) - Europe’s Economy Commissioner Paolo Gentiloni said on Monday that there is a limit to flexibility as Spain admitted it would not be able to deliver its draft 2025 budget plan by the October 15 EU deadline. 

"We can't lose the connection between the DBPs and the Medium-Term Fiscal Plans. Those two things need to be connected," the commissioner said. 

Keep reading...Show less