Tag: Italian budget

• Wednesday, October 24th 2018 - 08:56 UTC

  EC tells Italy to revise its budget but ruling populists vow to go ahead with electoral promises

  

  The European Commission has told Italy to revise its budget, an unprecedented move with regard to an EU member state. EC is worried about the impact of higher spending on already high levels of debt in Italy, the Euro zone's third-biggest economy.