November 21, 2018

Rome, Italy - The European Commission has taken the first steps in fining Italy over its national budget, saying it deviates from the EU's fiscal rules and commitments made by the previous government.

The move comes as Italy, which received a European Commission request to adjust its 2019 budget to meet EU parameters, refused to make any substantial changes.

Commission Vice-President Valdis Dombrovskis said on Wednesday: "With what the Italian government has put on the table, we see a risk of the country sleepwalking into instability."

Read more:

https://www.aljazeera.com/news/2018/11/eu-battle-italy-budget-spark-crisis-181121135924437.html