Wednesday

28th Feb 2024

Ticker

Report: Brussels to pause Italy budget procedure

The European Commission is not likely to trigger an excessive budget deficit procedure against Italy when the college of commissioners meets on Tuesday, according to two EU officials cited by the Financial Times. Italy's debt burden is the second-highest in the eurozone and in breach of EU budget rules, but the budget issues could bring down the Italian government and return a much stronger League party, lead by Matteo Salvini.

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Opinion

For Ukraine's sake, pass the EU due diligence directive

The EU Commission's 2022 CSDDD proposal did not include provisions incorporating "conflict due diligence", they were added, after the Russian invasion, by the European Parliament and Council into the final directive text — for Ukraine's sake, vote for it.

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