Clashes on Italian overspending will shortly return to the EU centre stage, if the European Commission's gloomy forecast comes true.
The Italian budget deficit is set to jump to 3.5 percent of GDP next year - breaking the EU red line of 3 percent, the commission predicted on Tuesday (7 May).
Its debt pile will also peak at 135.2 percent of GDP compared to the EU limit of 60 percent.
The likely scenario comes amid predictions of GDP growth of just 0.1 percent this year - th...
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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.