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Perfect storm for Italy in budget battle

The perfect storm has started for Italy. The European Commission says it considers the Italian budget draft to be in particularly serious non-compliance with EU fiscal rules and opted for a procedure for excessive debt. Commissioner Moscovici said there are unsolved doubts about increasing deb

Economy

Rome vs Brussels: risk of an unprecedented clash over the budget

On Wednesday the European Commission might decide to take first steps on the opening of a procedure for excessive debt against Italy

World

Raw Politics: Italy's budget tussle with Brussels

Italy is expected to resubmit a high-spending budget to the EU on Tuesday. The Raw Politics panel discuss if austerity is the way to go to reinvigorate Italy's economy.

Italy

Raw Politics: Europe should follow Italy on spending, says Di Maio

Rome has vowed it won’t back down over Italy’s controversial budget and said it should service as a recipe for the rest of the continent.

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Economy

Ministers say Rome needs to come up with new ideas

The tone was polite, but an escalation is likely over the coming weeks

Economy

Ball is now in Italy's camp, says Austria

Italy's budget dispute with Brussels is likely to escalate in coming weeks unless Rome revises its free-spending plans

World

Hammond promises 'end to austerity' if UK negotiates Brexit deal

The UK’s Chancellor Philip Hammond has announced that Britain’s "era of austerity is finally coming to an end", provided the government secures a Brexit deal with the EU.

World News

Raw Politics: British budget, Bolsonaro victory, Merkel announcement

On this episode of Raw Politics, the panel discusses German Chancellor Angela Merkel's announcement that she will not be running for reelection while far-right Jair Bolsonaro wins in the Brazil election.

United Kingdom

Spending rises in 'end-of-austerity' UK budget: Key points at-a-glance

Spending rises in 'end-of-austerity' UK budget: Key points at-a-glance

World

Tajani criticises 'aggressive Commission' over battle between Rome and Brussels

Parliament president says he disagrees with Italian budget but also the European commission's reaction.

Europe News

Italy shoe stunt 'grotesque' - Moscovici

After an Italian MEP rubbed his shoe on EU Commissioner Pierre Moscovici's notes as he held a press conference on the rejection of Italy's draft budget, Moscovici warned that when he laugh at such episodes, it banalises it leading to a deafening silence before we wake up to fascism.

Italy

Watch: MEP bares his sole in stunt over Italy budget rejection

This is the bizarre moment an Italian MEP expressed his contempt for the EU after its rejection of Rome's budget.

World News

EU rejects Italy budget. Rome has three weeks to respond

Today the European Commission has decided to formally ask Italy to revise and resubmit their budget.

World

Italy PM defends plan to ramp up spending despite EU fears over debt

Italy’s Prime Minister Giuseppe Conte has defended his plan to ramp up public spending, despite the country’s national debt reaching more than twice the European Union limit.

Europe News

EU & Italy on collision course over draft budget

Rome goes ahead and defends its draft budget, opening a match with Brussels that could last a long time. Italy has replied to the letter sent by Commissioner Moscovici and Dombrovskis, asking for clarifications about the deviations from the European parameters.

Economy

Italy tells EU it will stick to budget plans

The Italian government remained defiant of their debt-laden budget proposal, setting them on a direct collision course with the EU.

World

Tensions run high as Brussels reviews Italy's draft budget

Tensions between Italy and Brussels increase as the European Commission reviews the country's draft budget.

Economy

Brussels tells Italy: Respect budgetary rules like everybody else

European Commission not to shy away from showdown with nationalist government in Rome

Germany

Germany triples compensation for terror victims’ families

Spouses, children and parents of terror victims will now be entitled to €30,000, while siblings will receive €15,000.

Business

The biggest and smallest spenders in NATO

Donald Trump complains that some European countries are not pulling their financial weight in NATO, euronews has been looking at who spends what on the Alliance