EU Rejects Italy's Budget, Raising Stakes in Dispute

The European Union set up a high-stakes battle with Italy, one of the bloc’s biggest economies, over who has final control over a member state’s budget after the executive Commission took the unprecedented step of ordering the country to revise its public spending plans. In a move that escalates a monthlong standoff, the EU said the populist government’s budget for next year is out of line and breaks earlier promises to lower public debt.  Italy’s debt load is the second-highest...

© La Voix de l'Amérique - mardi 23 octobre 2018