November 27, 2018 / 11:04 AM / 19 days ago

EU's Moscovici says his 'door is open' to finding solution on Italian budget

European Commissioner for Economic and Financial Affairs Pierre Moscovici looks on at the start of the EU Commission's weekly college meeting in Brussels, Belgium, November 21, 2018. REUTERS/Francois Walschaerts

ROME (Reuters) - European Economics Commissioner Pierre Moscoivici said on Tuesday he is open to talks with the Italian government to reach a solution over its budget, which the commission has said breaks European Union spending rules.

“We must seek with all our strength shared solutions to the issue of the Italian budget. My door remains open,” Moscovici said on Twitter.

He added that he has always preferred “encouragement to sanctions.”

Reporting by Francesca Piscioneri, writing by Giulia Segreti, editing by Steve Scherer

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