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Italy's populist Deputy Prime Minister Luigi Di Maio on Wednesday dismissed Brussels' formal warning over the country's excessive public spending as «too easy» «For years we've been giving without receiving, or we receive less than what we wItaly's Di Maio, Salvini slam EU debt warning
Italy's populist Deputy Prime Minister Luigi Di Maio on Wednesday dismissed Brussels' formal warning over the country's excessive public spending as «too easy» «For years we've been giving without receiving, or we receive less than what we were due, we've been completely ignored for years on the matter of migrants, for instance,» said Di Maio, from the anti-establishment Five Star Movement (M5S). «We bear all the weight, and as if that were not enough, they're lecturing us. This won't work, it's too easy,» Di Maio wrote on Facebook. «We will go to Europe and discuss responsibly, so we can construct and not destroy. But it's tough, when you see that every day they find another reason to say bad things about Italy and this government,» Di Maio said. The European Commission on Wednesday formally put Italy on notice over its deteriorating budget deficit and a huge debt mountain equal to more than 130 percent of total economic output, way above the EU's 60-percent limit. The move by the EU's executive arm begins a complicated process that, if approved by eurozone ministers, could result in an unprecedented fine of more than three billion euros ($3.4 billion). Fellow Deputy Prime... Read more