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 revealed it's aiming for a 2019 budget deficit of 2.4% of gross domestic product — significantly higher than the 1.6% previously announced.
Greece now a "normal" eurozone country, says EU Finance Commissioner Moscovici.
European banks are safer today because they follow a single rule book. Now we need to create a safety net to protect taxpayers if trouble strikes.