EU officials decide not to propose disciplinary action against Rome - Italian source

ROME (Reuters) - European Commission officials have decided not to propose disciplinary action against Italy over its public finances, a senior Italian source told Reuters on Wednesday.

The officials, known as "sherpas", met ahead of the formal decision by the Commission.

The EU executive, which is unhappy with Italy's rising public debt, is due to formally announce its decision shortly.

(Reporting by Giuseppe Fonte, editing by Gavin Jones)