Thursday

13th Aug 2020

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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Drums of war again, in Europe

Just a few weeks ago, as Europeans in several countries put their furious debates about masks and corona appsinto higher gear, Turkey and Greece almost came to blows in the Aegean Sea.

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