The European Union took the first step on Wednesday toward fining Italy after ruling that Rome’s spending drive violates the bloc’s fiscal rules.
In a report on Italy’s debt, the European Commission said that it has rejected the Italian government’s budget plan for 2019.
“The Commission confirms the existence of a particularly serious case of non-compliance,” the EU said in its annual review of euro-area nations’ spending plans referring to Italy’s 2019 budget. “With what the Italian government has put on the table, we see a risk of the country sleepwalking into instability.” ..
https://www.rt.com/business/444530-brussels-rejects-italy-budget/
Yay. Italy’s no Greece. They’ll tell them where to stick it, leave the euro currency, and the stinking EU will tank.
Salvini says EU budget rules risk safety of Italians after Genoa bridge collapse https://t.co/rAyoY1d6ck
— RT UK (@RTUKnews) August 15, 2018
Tess
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
0 views