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 ...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginEszter 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.