FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at a European Union leaders summit after European Parliament elections to discuss who should run the EU executive for the next five years, in Brussels, Belgium May 28, 2019. John Thys/Pool via REUTERS/File Photo
June 3, 2019
ROME (Reuters) – Italian Prime Minister Giuseppe Conte has threatened to quit on Monday, saying his fractious coalition needed to swiftly decide whether they want to go to early elections or carry on governing.
Conte told a packed news conference that his government faced a complex 2020 budget process later this year and that the country needed the confidence of financial markets.
Heavily indebted Italy faces the possibility of European Union disciplinary procedures this week for a breach of EU fiscal requirements. Conte said the government should respect EU budget rules until such time as they are changed.
(Reporting by Giselda Vagnoni; Editing by Mark Bendeich)
