The rejection of Italy’s draft budget by the European Commission on Tuesday is unprecedented in the history of the Stability and Growth Pact. Member states cannot sit idly by but must take a more active role in the political conflict over fiscal sovereignty.
With CETA signed, protest groups in Wallonia and beyond will surely cry foul at the way the region was coerced into standing down. What is surprising, however, is that they are not the only ones who feel cheated, Reinout van der Veer.
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