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MNI: Draghi Resisting Budget Changes -Officials

Italy's caretaker administration is resisting attempts by the incoming government to alter its budget plans.

Caretaker Italian Prime Minister Mario Draghi is resisting attempts by the incoming right-wing coalition to make significant changes to the 2023 budget, but if necessary could ask for an extension of the Oct 15 deadline to submit a draft of the spending plans to the European Commission, finance ministry sources told MNI.

While Draghi is in contact with the likely next prime minister Giorgia Meloni, sharing technical information for a smooth transition of power, he considers it would be mistaken to introduce new policy measures into a budget which is traditionally prepared at this time, and whose broad outlines are already taking shape.

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Caretaker Italian Prime Minister Mario Draghi is resisting attempts by the incoming right-wing coalition to make significant changes to the 2023 budget, but if necessary could ask for an extension of the Oct 15 deadline to submit a draft of the spending plans to the European Commission, finance ministry sources told MNI.

While Draghi is in contact with the likely next prime minister Giorgia Meloni, sharing technical information for a smooth transition of power, he considers it would be mistaken to introduce new policy measures into a budget which is traditionally prepared at this time, and whose broad outlines are already taking shape.

Keep reading...Show less