EU's Moscovici: We expect euro zone finance minister to take stock on Italy tomorrow

European Commissioner for Economic and Financial Affairs Pierre Moscovici is now out on the wires, delivering the below-seen remarks on Italy's budget problems.

• Italy's high debt a major vulnerability for its economy.
• We expect euro zone finance minister to take stock on Italy tomorrow.
• Commission stands ready to take into account new elements that may be put forward by Italy.