Giorgetti, the EU will recommend the excessive deficit procedure. 'It's obvious, compared to Italy and other countries' Minister of Economy said this during the hearing of the joint budget commissions of the House and Senate on the reform of EU economic governance.

The Economic and Financial Document "will shortly be presented to Parliament. Based on the Commission's instructions it will probably have a slightly different shape than in the past, certainly lighter", said Gior getti. The European Commission will recommend to the Council to open a procedure for excessive deficit against Italy.