September 28, 2018 / 8:15 AM / 22 days ago

EU Commission says will assess Italy budget plans before end of November

BRUSSELS (Reuters) - The European Commission said on Friday it would assess the draft budgetary plans for all euro zone members, including Italy, in the weeks after their formal presentation by October 15.

A Commission spokesman said that the assessment would be done before the end of November.

“This is part of the normal European Semester process, the EU’s economic policy coordination cycle, and happens each year,” the spokesman said.

Reporting by Philip Blenkinsop; Editing by Alissa de Carbonnel

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