MILAN (AP) — The Latest on Italy's spat with the European Union over its budget (all times local): 12:00 p.m. The European Union's presidency says Italy must change it draft budget because otherwise the country would only threaten its own financial health as well as that of its partners. Prime Minister Sebastian Kurz of Austria, which holds the rotating EU presidency, said Friday that Italy reduce its spending plans because "we as the European Union are not prepared to take on this risk, these debts for Italy.Read more on NewsOK.com