On Wednesday 3 July, the European Commission finally decided, for the second time in less than a year, not to recommend the opening of an excessive deficit procedure based on debt against Italy, taking into account the information provided by Giuseppe Conte's government in recent days.
It bears repeating. As in December last year (see EUROPE B12163A1), discussions between the Commission and the Italian government have therefore made it possible not to go as far as a recommendation to...