Brussels, 10/07/2013 (Agence Europe) - On Wednesday 10 July, the European Commission reminded Italy of its budget policy and economic recommendations after rating agency Standard and Poor's downgraded Italy on Tuesday from BBB+ to BBB with negative perspective.
The Commission's recommendations are for action on two fronts, namely budget consolidation and structural reforms to stimulate growth, explained a spokesman for Euro Commissioner Olli Rehn. The Commission will assess the planned...