Italy PM says EU letter on budget will arrive, to also cover other states
- Top 10 News for 12/2: Crude Rips on OPEC Cut; Starbucks' Schultz Steps Down; Nonfarm Payrolls Flat in Nov.
- Unemployment Rate Drops to 4.6%
- Bond yields slip on U.S. jobs data, euro steady before Italy vote
- Alibaba (BABA) Founder Jack Ma Discuss Plans to Retire; 'I Don't Want to Die at the Office'
- Starbucks Coffee (SBUX) CEO Howard Schultz to Step Down, Appointed Executive Chairman; Kevin Johnson New CEO
Italy's Prime Minister Matteo Renzi talks to the media as he leaves a European Union leaders summit in Brussels, Belgium, October 21, 2016. REUTERS/Francois Lenoir
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
ROME (Reuters) - Italian Prime Minister Matteo Renzi said on Monday that a letter in which the European Commission might warn the euro zone's third largest economy against breaking the bloc's budget rules would arrive but would not only pertain to Italy.
"The letter will come and will cover a number of countries, not only Italy, because of some minor differences, but I don't believe that it's the most important thing because we have done things according to the rules," Renzi told Tg5 television in an interview.
"I certainly will not let some European technocrat tell me that I cannot restructure schools because you cannot call stability into question," he added.
(Reporting by Francesca Piscioneri, writing by Agnieszka Flak)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- In fear after attacks, gay Bangladeshis retreat into closet and flee abroad
- Wall St. stock futures fall after Italy referendum
- BMW seeks to be 'coolest' ride-hailing firm with autonomous car
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!