Giorgetti hopeful of end to Italy's infringement procedure

Italian Economy Minister Giancarlo Giorgetti said he is hopeful that the European Union's infringement procedure against Italy could come to an end, according to a report by ANSA published on Thursday.

Giorgetti said, however, that the outcome depends on figures to be released by Istat, Italy's national statistics agency, ANSA reported.

The infringement procedure, opened by the European Commission over concerns about Italy's public finances, has been a point of scrutiny in Brussels' assessment of the country's budget trajectory.

Further details on the timing of Istat's data or the specific criteria the Commission will use to evaluate Italy's position were not immediately available.