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23-10-2018, 04:11 PM
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Senior Member
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 [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 |
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23-10-2018, 04:26 PM
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iconic
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Yeah, that's cus they're in the Eurozone. oop
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23-10-2018, 04:26 PM
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beyonce of waltham forest
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I kind of agree. One country should not be allowed to bring everyone down by high debts etc.
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23-10-2018, 04:32 PM
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You know my methods
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this was inevitable
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Italy's budget rejected by European Commission
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