About: Italian budget

Economy & Jobs 04-07-2019

Italy escapes EU budget sanction procedure after spending cuts

The European Commission concluded on Wednesday (3 July) that Italy was no longer breaching the EU’s fiscal rules after the government reduced public spending by €7.6 billion in a last-minute effort to escape a sanction procedure.
Economy & Jobs 01-04-2019

Brussels was right about Italy’s weak growth, Juncker says

It is an overstatement to claim that Italy’s debt constitutes a risk for global markets, but a zero-growth rate can only worsen Rome's problems, European Commission President Jean-Claude Juncker said in an interview with state broadcaster RAI on Sunday (31 March).
Economic governance 25-03-2019

Brussels ‘really worried’ about Italy’s slowing economy

The EU warned Sunday (24 March) of a new row brewing with Italy over its budget, barely a few months after both sides agreed on a hard-fought deal with Rome's disputed 2019 finances.
Economic governance 17-12-2018

Italy makes concessions in latest budget draft proposal

The European Commission noted progress in Italy’s revised budget for 2019 sent late on Sunday as EU experts crunched numbers to see if Italy's effort was sufficient to end the budgetary spat.
Agrifood 31-10-2018

‘Third-child’ policy: Italy’s Lega wants to give farmland for free to large families

Italy's populist government is proposing to give land to families about to have a third child, hoping it would help fight the growing depopulation of rural areas and abandonment of arable land. But it has not been embraced by everyone.
Economy & Jobs 26-10-2018

Member states must not let Commission stand against Italy alone

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.
Economy & Jobs 25-10-2018

Draghi ‘confident’ about a deal on Italian budget

European Central Bank President Mario Draghi expressed his confidence on Thursday (25 October) about the likelihood of an agreement between the European Commission and the Italian government over Rome's spending plan for next year.
Economic governance 16-10-2018

Juncker: If we accept the Italian budget, ‘countries would insult us’

European Commission President Jean-Claude Juncker told Italian media on Tuesday (16 October) that he could not accept the extra spending budgeted by the Italian government because other member states would “insult” the institution.
Economic governance 16-10-2018

Eurozone faces critical budget issue as Italy defies the rules

For the first time since post-crisis rules entered into force, all eurozone countries are to submit their draft budget plans to the European Commission, but the Commission could also make an unprecedented move itself: sending one of budgets back to where it came from, most likely, Rome. 
Economy & Jobs 12-10-2018

German minister: Rescue package for Italy won’t be necessary

German Finance Minister Olaf Scholz said on Thursday (11 October) he did not expect Italy to need aid to deal with its debt pile. Any intervention by the European Central Bank would require Italy to formally apply for a rescue programme, sources said. 
Economic governance 10-10-2018

Italy coalition chiefs defiant on budget, forecast GDP growth

The leaders of Italy's ruling parties said on Tuesday (9 October) they would permit no change to the government's 2019 budget plan, despite financial market pressure and criticism from the country's central bank and the parliamentary fiscal watchdog.
Economic governance 09-10-2018

EU Commission prepares to reject Italy’s budget

The European Commission will take the unprecedented step of rejecting a national budget later this month if the Italian government does not improve its announced deficit figures, EU officials told EURACTIV.
Economy & Jobs 01-10-2018

Ministers press Italy to respect common rules in budgetary spat

Eurozone finance ministers and the European Commission called on the Italian government on Monday (1 October) to respect the EU’s fiscal rules, saying the “non-compliant” budgetary plan announced by the third largest eurozone economy could destabilise the region.
Contribute