Brussels

Rehn says Italy must stay under 3% threshold

Commissioner responds to Berlusconi call to defy rules

Rehn says Italy must stay under 3% threshold

Brussels, June 17 - European Economic and Monetary Affairs Commissioner Olli Rehn on Monday said Italy had to stick to EU rules against having a budget-to-GDP ratio above 3% after former premier Silvio Berlusconi said Rome should defy them. "Ensuring the deficit remains under 3% and conducting the requested reforms is the key for Italy's recovery," Rehn said.

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