Tag Archives: Italy

Italy risks EU FURY after DEFYING bloc by breaking debt promise and hiking deficit target

The Italian government has slashed its growth forecast for this year, highlighting the economic woes facing the debt-ridden nation, as Rome braced for a slowdown in growth to dent public finances. Italy is expecting 0.2 percent gross domestic product (GDP) growth for this year, down for a…



Italy PANICS: Rome 'to SLASH growth forecast for 2019 to just 0.1 percent'

The Italian Treasury will announce it expects the economy to expand by little over zero in 2019, Bloomberg reported, citing senior officials who referenced a draft report due for approval on 10 April. News of the lower growth forecast, which is down from a previous prediction for a 1 percent…


Euro IMPLODES: Spanish debt SURGES as Juncker warns of ‘ZERO GROWTH for Italy’

EU chief Jean-Claude Juncker has criticised Italy’s government coalition by saying the country’s growth lags behind the rest of Europe and believes the state is headed for “zero growth” in 2019. Mr Juncker, the President of the European Commission, told Italian TV show Che Tempo Che Fa: “We bel…


‘We won’t take lessons from Juncker!’ Italy rages at EU chief for ‘damaging’ nation

Interior minister Matteo Salvini made little attempt to conceal his open hostility to both the Mr Juncker and the EU. Mr Juncker is in Rome for talks with Mr Conte, who said last week he would not seek a second term as PM amid rising tensions with Mr Salvini. The pair had been due to meet last …


Jean-Claude Juncker MOCKS Italy over recession – claims Brussels was RIGHT

The President of the European Commission took a swipe at Italy’s government coalition, which has clashed with Brussels over its big-spending budget over the past few months. Mr Juncker told Italian talk show Che Tempo Che Fa: “We believe Italy’s growth will only amount to 0.2 percent, which mea…


EU CRISIS: France and Italy row ESCALATES – ‘Alps just got HIGHER’

Mr Mattarella said “our friendship with France must be defended and preserved” and called for an end to the war of words between Rome and Paris. 
He said it was essential to “re-establish a climate of trust” between the two states – a substantial diplomatic warning to diplomats on both sides of…