Italy ‘sleepwalks to instability’, Commission resorts to excessive deficit procedure

By |november 21st, 2018|draft budgets, European semester, Eurozone, Italy, News, Pierre Moscovici, Valdis Dombrovskis|

The Commission hedged its bets and called for the opening of an excessive deficit procedure against Italy on Wednesday (21 November) as Rome refused once again to revise its draft budget plan. The bloc's top finance chief said that "dialogue and cold b...