Ad
Rows over the euro rules are resurfacing again (Photo: EUobserver)

Renewed breaches in euro rules prompt calls for change

The European Commission is expected this week to issue an early warning to Italy and the Netherlands for breaking the rules underpinning the euro, reawakening the long-running dispute over the EU's economic regulations.

According to press reports, Italy will receive the rebuke - equivalent to a 'yellow card' - because it risks exceeding the three percent of gross domestic product deficit limit imposed by the EU.

The Commission is also unhappy that Rome has taken one-off economi...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Rows over the euro rules are resurfacing again (Photo: EUobserver)

Tags

Ad
Ad