Just over a week ago, Italy submitted a revision of its 2019 budget proposal to the EU Commission after having the first draft flatly rejected for violating the EU's rules on . There were no significant modifications to the original. The only new proposal put forward was a review procedure put in place in the event that growth targets were not being reached in the second semester of 2019.
The Eurozone’s fiscal compact demands that Eurozone members with an excessive debt-to-GDP ratio cut their d...

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