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Budgets of 8 EZ countries “at risk of non compliance”, but Commission gives them a 0.5% space

The European Commission is warning eight Eurozone member countries including Italy and Portugal that their national budgets plans for 2017 are “at risk of non compliance” with EU’s budget rules. Besides Italy and Portugal, these countries are Spain, Belgium, Finland, Slovenia, Cyprus and Lithuania. Another five Eurozone members are “broadly …

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