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Tag Archives: Pierre Moscovici

Brussels chief threatens Italy with SANCTIONS in punishment for budget

Economic Commissioner Pierre Moscovici said Rome must realise it cannot break the EU’s fiscal rules, which it is in breach of with its bumper spending plan. By – Laura Mowat The EU is concerned the budget proposals would increase Italy’s public debt burden due to the planned boost in spending. Brussels demanded Rome comes up with a revised budget, but Italy ...

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