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Image header Agence Europe
Europe Daily Bulletin No. 12269
ECONOMY - FINANCE - BUSINESS / Italy

Commission (re)paves the way for potential opening of an excessive deficit procedure

As expected in recent days (see EUROPE B12266A18, B12267A18), the European Commission published on Wednesday 5 June a new report on Italian public debt under Article 126.3 TFEU, paving the way for a potential excessive deficit procedure based on debt criteria. 

The report "concludes that the debt criterion is not complied with, and the debt-based excessive procedure is warranted". With these words, Valdis Dombrovskis, Commissioner for the Euro and Social Dialogue, began by addressing the...

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
SOCIAL AFFAIRS
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
NEWS BRIEFS