Italy D-DAY: Salvini REFUSES to Change Budget – Sending SHOCKWAVES Through Brussels
- Italy D-DAY: Salvini REFUSES to Change Budget – Sending SHOCKWAVES Through Brussels
by CIARAN MCGRATH, https://www.express.co.uk/
ITALY and the European Union are on course for a dramatic showdown in Brussels today, with the bloc poised to start the ball rolling on a process which would see the imposition of sanctions against Rome over its controversial budget plans.
–
European Commission Günther Oettinger has signalled his intention to get tough, suggesting inaction on the matter was not a option. He fears there will be an uprising from eurozone members if Brussels does not take a stand. Italy’s ruling coalition, a partnership between Matteo Salvini’s Lega and Luigi Di Maio’s Five Star Movement has defied Eurocrats with a budget representing a spend of 2.4 percent of GDP next year.
–
The figure would equate to just over €44billion, which Brussels fears will simply push the country’s €2.5trillion national debt – which represents 131 percent of the country’s GDP – still higher.
–
read more.
end
One comment
Comments are closed.