Not surprisingly, the economic experts of the Member States to the European Union, meeting within the Economic and Financial Committee of the Council of the EU, on Tuesday 11 June, delivered a positive opinion on the European Commission's report of 5 June on the Italian public debt, under Article 126.3 of the Treaty on the Functioning of the European Union (see EUROPE B12269A1).
The report concludes that the debt criterion is not respected by Rome and that the opening of an excessive...