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EU works on disciplinary action over Italy debt, but could still avert it -Moscovici


ReutersRome
Updated: 14-06-2019 13:08 IST
EU works on disciplinary action over Italy debt, but could still avert it -Moscovici

Image Credit: Pxhere

European Union economics commissioner Pierre Moscovici said the EU executive will continue preparations for a disciplinary procedure over Italy's rising debt but remains ready to avert it if Rome made steps to comply with the bloc's fiscal rules.

Moscovici was speaking on Friday after a meeting of eurozone finance ministers in which Italy's public finances were discussed. Italy risks an EU disciplinary procedure that could lead to fines.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : Italy

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