Commission concludes that an Excessive Deficit Procedure is no longer warranted for Italy at this stage

This article is brought to you in association with the European Commission. The Commission took stock today of the additional fiscal effort announced by the Italian authorities this week and concluded that it was material enough not to propose to the Council the opening of an Excessive Deficit Procedure (EDP) for Italy’s lack of compliance with the […]

The result of European Elections 2019 seals the end of the business as usual era in Brussels

On the morrow of the European election 2019, the ballots showed to Brussels that it will not anymore continue to do tax free business as usual for long. 10 years after the global economic crisis, this election’s result shows that the excuse that austerity brought disappoitnment which subsequently lead towards the rise of far right […]