Italy to fight its corner in EU budget talks, says Catricala

Rome opposed to demands for cuts

Italy to fight its corner in EU budget talks, says Catricala

Bologna, November 21 - Italy will fight its corner this week when it seeks to block demands to rein in European Union spending at this week's summit in Brussels, Cabinet Undersecretary Antonio Catricala' said Wednesday. Leaders of the 27-member European Union will begin a summit on Thursday to discuss the European Commission's one-trillion-euro seven-year budget plan, which represents a 5% increase. Some countries, including Britain, Germany and Sweden, are demanding cuts of as much as 200 billion euros to the plan. Britain, which also wants the EU budget for 2013 to be frozen at 2011 levels rather than increased by 6.8%, has threatened to veto a deal if there are no cuts. However, Rome is opposed to spending reductions and Italy's European Affairs Minister Enzo Moavero has also threatened to use the veto if the budget "is not fair to our citizens and harmful to our country". "I cannot reveal what minister Moavero is planning to do," Catricala said during a radio interview in Bologna Wednesday. "Of course, we will make our arguments stick". photo: Cabinet Undersecretary Antonio Catricala'

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