arista
23-10-2018, 04:11 PM
https://e3.365dm.com/18/10/1096x616/skynews-giuseppe-conte-italy_4462019.jpg
[Italian prime minister Giuseppe Conte
has been told to produce a new budget]
[Italy's budget, which increases spending
despite the country's high level of debt,
has been rejected by the European Commission.
On Monday, Italy had said it would
stand by its budget and refuse to cut spending,
undeterred by its debt reaching 130% of GDP.
That level of debt is more than twice the
European Union limit of 60%
and second only to Greece.]
Making the markets go down today.
https://news.sky.com/story/italys-budget-rejected-by-european-commission-11533281
[Italian prime minister Giuseppe Conte
has been told to produce a new budget]
[Italy's budget, which increases spending
despite the country's high level of debt,
has been rejected by the European Commission.
On Monday, Italy had said it would
stand by its budget and refuse to cut spending,
undeterred by its debt reaching 130% of GDP.
That level of debt is more than twice the
European Union limit of 60%
and second only to Greece.]
Making the markets go down today.
https://news.sky.com/story/italys-budget-rejected-by-european-commission-11533281