The spat between Italy and the European Commission has resurfaced after the Italian government slammed the Brussels-based institution's economic forecasts as 'ungenerous' and 'bogus.'
At the same time, the estimates from the European Commission also indicate that Italy could be in breach of the EU's fiscal rules in 2020, given that European countries are not meant to have a deficit higher than 3%.
Giuseppe Conte, Italy's prime minister, gestures as he speaks during an interview at Chigi palace in Rome, Italy, on Tuesday, Oct. 23, 2018.The spat between Italy and the European Commission has resurfaced after the Italian government slammed the Brussels-based institution's economic forecasts as "ungenerous" and "bogus."
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