The European Union's euro economy commissioner Valdis Dombrovskis said on Tuesday that Brussels was not considering asking for changes to Italy's 2020 budget, the International New York Times reported on a Reuters story. Under EU regulations, the European Commission can force countries to amend their budgetary plans if they are found to be in serious breach of fiscal rules. Such a request would be made by the end of October, if at all. But Dombrovskis told a conference in Brussels: "This is not what is currently being considered." Last week, the Commission asked Rome for clarifications on its draft budget over a planned rise in spending. The Commission will continue assessing the Italian budget in coming weeks, Dombrovskis said. Read more
