ROME (Reuters) – Italy’s Deputy Prime Minister Luigi Di Maio on Thursday ruled out a government reshuffle and reiterated that cutting taxes is the coalition’s priority.
The European Union moved closer on Tuesday to taking disciplinary action over Italy’s growing debt, a procedure that could saddle the country with large fines and alienate investors.
“Will do what Italians need,” Di Maio told Il Corriere della Sera in a interview when asked if the government would finance planned tax cuts by increasing its budget deficit.
(Reporting by Giselda Vagnoni; editing by Darren Schuettler)