Italy could challenge the choice of Christine Lagarde for the Presidency of the European Central Bank (ECB) while also calling into question the fiscal compact, which frames budgetary policy within the Eurozone.
In an interview with La Stampa published on Friday, Finance Minister Giovanni Tria made clear that the fiscal compact – a fiscal agreement between 22 member states – is restrictive and there is a growing consensus for its revision. Tria suggested that the need to revise the fiscal compa...

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