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...

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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