Two weeks ago, the European Commission agreed to relax Italy’s deficit-reduction targets, giving prime minister Matteo Renzi leeway to spend an extra €14 billion this year. But does the most indebted nation in the eurozone after Greece deserve such credit?
“No other member state has requested nor received anything close to this unprecedented amount of flexibility,” the economy and euro commissioners, Pierre Moscovici and Valdis Dombrovskis, wrote in a letter to Italian economy minister...
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Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.