"We are not at war with Italy", EU's Juncker says as he sees progress on budget
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BUENOS AIRES (Reuters) - The President of the European Commission Jean-Claude Juncker said on Friday the EU executive was making progress in talks with Italy over the country's budget.The Commission said last week Italy's excessively expansionary 2019 budget was in breach of EU fiscal rules and would not decrease the country's large debt as required.This set the stage for a possible disciplinary procedure that could lead to fines and would leave Italy in the market spotlight for a prolonged..