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-   -   Italy's budget rejected by European Commission (https://www.thisisbigbrother.com/forums/showthread.php?t=350481)

arista 23-10-2018 04:11 PM

Italy's budget rejected by European Commission
 
https://e3.365dm.com/18/10/1096x616/...ly_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-bu...ssion-11533281

JoshBB 23-10-2018 04:26 PM

Yeah, that's cus they're in the Eurozone. oop

Underscore 23-10-2018 04:26 PM

I kind of agree. One country should not be allowed to bring everyone down by high debts etc.

Crimson Dynamo 23-10-2018 04:32 PM

this was inevitable


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