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Italy PM warns against excessive conditionality in EU economic help – Metro US

Italy PM warns against excessive conditionality in EU economic help

German Chancellor Merkel meets Italian PM Conte in Meseberg
German Chancellor Merkel meets Italian PM Conte in Meseberg

MESEBERG, Germany (Reuters) – Italian Prime Minister Giuseppe Conte warned on Monday that EU economic stimulus for member states should not carry too much conditionality.

Speaking at a news conference with German Chancellor Angela Merkel, Conte said Italy was happy for EU institutions to monitor its economic reforms but imposing excessively stringent conditions would be counter-productive.

“It’s not in anybody’s interests to introduce conditionality that would compromise the support of the programme or give it scarce practical impact,” Conte said.

(Reporting by Gavin Jones; editing by Angelo Amante)