EU monetary affairs commissioner Joaquin Almunia has cast aside an eleventh hour plea to salvage Italy's budget deficit case, with the country now facing disciplinary action under the EU's stability and growth pact.
A letter sent by Rome's economy minister Domenico Siniscalco on Monday (6 June) was unlikely to influence the European Commission or member states' decisions, Mr Almunia said in Strasbourg on Tuesday (7 June).
The commission accepted a report on Italy at their Tuesday...
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Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.