Italy: the government maintains its budget but promises that Italy will not leave the EU

The Italian government, which forecasts a deficit of 2.4% in 2019, while its predecessors had predicted 0.8%, assures that there will be no Italexit. The public debt of the third largest economy in the euro area amounts to 131% of its GDP. The head of the Italian government, Giuseppe Conte, reaffirmed Monday the European commitment of his country, despite strong disagreements with the European Commission which considers its budget out...

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The European Commission decided on Tuesday to reject the 2019 budget of the Italian government

The European Commission decided on Tuesday to reject the 2019 budget of the Italian government. A first. Rome has three weeks to revise his copy. Will she comply with the requirements of Brussels? What are the risks? Should we fear an "Italexit"? Response elements. It's a first. On Tuesday, the European Commission rejected the budget of a Member State, that of Italy. Rome decided to maintain its deficit...

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