In a report on the evolution of the Italian government debt, the European Commission concludes that without the additional measures of at least 0.2% of GDP that the government has undertaken to adopt by April 2017, the medium-term debt reduction trajectory will no longer be in line with the rules of the Stability and Growth Pact.
Even so, the decision on whether or not to recommend that excessive deficit proceedings be opened against Italy will not be made until this can be done on the basis...