Ahmad Gharabli/AFP via Getty images The European Commission on Wednesday backed down from a fight with Italy over the country’s spending plans for 2019 amid fears that a continuing standoff could trigger a surge in Euroskepticism ahead of the European Parliament election.
Instead, the EU’s executive arm compromised with Rome on its controversial budget plans, which include costly initiatives such as a flat tax and a basic income for the poor, by opting against the launch of a disciplinary measure known as an excessive deficit procedure (EDP) "at this stage."
Cracking down on member countries too hard could embolden Euroskeptics, especially […]
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