EU says Italy at risk of breaking budget rules
EU says Italy at risk of breaking budget rules
The European Commission said Wednesday that draft budgets from Italy and seven other eurozone countries risk breaking EU rules, setting up a row with Prime Minister Matteo Renzi ahead of a crucial referendum.
The Commission, the EU`s executive arm, said the draft budgets for Italy, Spain, Portugal, Belgium,Cyprus, Lithuania, Slovenia and Finland "pose a risk of non-compliance with the requirements for 2017."
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.