The EU commission on Wednesday (5 June) said Italy was in breach of EU fiscal rules because of its increasing debt, paving the way for EU member states to launch a disciplinary procedure against Rome.
Italy's debt stands at 132 percent of GDP this year, double the permitted limit under EU fiscal rules, and the second-highest in the bloc after Greece.
It rose from 131 percent in 2017, and the EU executive estimates that it will grow up to 135 percent in 2020 - breaching EU rules ...
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Already a member? Login hereEszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.
Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.