EU could impose sanctions on Italy in response to budget plan

By Editorial Team
Published 5 years, 5 months ago

The European Commission could impose sanctions on Italy as a last resort if an agreement isn’t reached over Rome’s controversial budget, the EU’s economics commissioner Pierre Moscovici announced on Tuesday.

The EU’s economics commissioner Pierre Moscovici (left) with Italy's finance minister Giovanni Tria. (Photo: ANSA)

Last month, the Commission rejected Italy’s budget, saying it was in breach of EU fiscal regulations and could further increase ...

By Editorial Team

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