✉news WorldEU Politics first seen 16 h ago, last 1 h ago, peak #6
Italy to seek more leeway on EU budget rules over inflation
Original: Italy to seek more leeway on EU budget rules to tackle inflation impact
Italy says it will ask the European Union for greater flexibility under EU budget rules to deal with the impact of inflation. The move signals Rome's intent to keep fiscal space for measures shielding households and businesses from high prices, and is likely to reignite debate between national governments and Brussels over how strictly the EU's stability and growth pact should be enforced.
Why now: Inflation's strain on public finances has put EU fiscal rules back at the centre of political debate.
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