The German Constitutional Court declared the purchases of government bonds by the European central bank partially illegitimate. The ECB, coldly replied: "We take note". The German ruling of the Karlsruhe Court is a boulder weighing on the ECB, but also on the European Court of Justice. The German judges want to stem, [...]
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Apparently the path of dialogue has produced a solution that lies between the Italian requests and the need of the EU Commission to demonstrate that the rules are respected. Indeed, the credibility of important EU institutions was also at stake. Nobody wanted it to come to the infringement procedure. An overly "fiscal" provision that [...]
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Giuseppe Conte met with the president of the EU Commission Jean Claude Juncker to discuss the decimals of the Italian deficit-GDP ratio. As an act of courtesy, the Italian government had all the new documents of the Italian maneuver delivered two hours before the meeting. A move much appreciated by the Commission's technicians. After the meeting, Prime Minister Giuseppe [...]
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(by Massimiliano D'Elia) Prime Minister Giuseppe Conte is flying to Brussels to meet the President of the European Commission Jean Claude Junker and propose a revised economic maneuver, however far from the wishes of the commissioners. Many newspapers today have emphasized the fact that Macron's request to exceed the deficit / GDP ratio beyond 3 for [...]
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As expected, Europe rejected Italy's financial maneuver for 2019. Particularly contested points are the pension reform, citizenship income and the consequent increase in public debt. The European Commission has given the Italian government three weeks to provide clarifications on the 2019 budget bill, formalizing the [...]
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On June 5 there will be a meeting in Brussels between the Ministers of the Interior of the member countries. Too bad that the Italian Minister of the Interior will be engaged in Italy for the vote of confidence of the government of change. In the meantime, the emergency continues in the Mediterranean, where the landings and unfortunately also the dead have continued today. The Leader of [...]
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Europe will not find itself in the middle of the trade dispute between the US and China, a senior European official said today, adding that the EU's temporary exemptions from US steel and aluminum tariffs should become permanent. European Commissioner for Economic and Financial Affairs Pierre Moscovici stated that trade is [...]
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