Global Analysis from the European Perspective. Preparing for the world of tomorrow

EU piles pressure on Macron after sounding alarm over 2018 budget

The EU warned Wednesday that France and five other countries were at risk of breaching the bloc’s tough public spending rules, adding to the pressure on President Emmanuel Macron to push through tough reforms. Brussels also sounded the alarm over Italy’s high government debt in a fresh sign of concern over the eurozone’s third largest economy, already buffeted by fears about its banking sector. Source TheLocal

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