EC verdict on Italy’s budget plan

Jonathan Boyd
clock • 1 min read

The European Commission has taken a negative stance towards Italy’s budget plan for 2019 and is proposing a so-called excessive deficit procedure against the country. What are the implications in terms of probable sanctions against Italy – and financial markets reactions? Analyst Aila Mihr explains.

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.