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December 21, 2018 8:22 PM EU set for ECONOMIC CRISIS: Expert warns of MAJOR imbalance

TWO top German economists have warned of a major imbalance in the eurozone payments system, warning the “billion-dollar risks” must be corrected immediately. Clemens Feust, president of one of Germany’s largest economic think-tanks and most influential research institutes, joined his predecessor Hans-Werner Sinn in calling for European leaders to act quickly 98

December 3, 2018 10:06 AM Cracks in EU: Crunch EU meeting today will FORCE Italy to come to heel

ITALY’S budget is back on the table in Brussels with eurozone’s finance ministers meeting again to discuss national draft budgets for next year. The cash-strapped country’s proposals have already been rejected by the EU because it fails to lower massive public debt but the government then refused to make changes to prevent a disciplinary procedure that could 119

November 19, 2018 5:54 PM 'EU is LOST!' EU Commission candidate warns Italy clash could cause second euro CRISIS

GERMAN MEP Manfred Weber warned Italy's controversial budget plans could cause a second big financial crisis in Greece and Spain unless the founder member state accepts to make a U-turn on its political direction. Speaking to France24, the EPP candidate for the European Commission Presidency after Jean-Claude Juncker said Italy should reconsider its position 63

November 13, 2018 7:18 AM Italy 'will WIN' against EU: Economist admits budget crisis could UNRAVEL eurozone

A LEADING economic analyst has predicted that Italy will triumph over the European Union, as the budget standoff between the two sides comes to a head tomorrow. There are mounting fears around the future of the EU, ahead of tomorrow's Brussels-imposed deadline for Italy to submit a revised budget. The European Commission rejected Italy’s 2019 budget 44

November 7, 2018 8:01 PM 'I don't have to make concessions' Italian PM's stern warning to EU in budget row CLASH

ITALIAN Prime Minister Giuseppe Conte launched a scathing attack against the European Union claiming he will make no concession to Brussels over his government's 2019 budget plan. The EU's Economic Commissioner Pierre Moscovici said Rome must realise it cannot break the bloc's fiscal rules, which it is in breach of with its bumper spending plan. Brussels 62

November 6, 2018 12:00 PM EU CIVIL WAR: Brussels chief threatens Italy with SANCTIONS in punishment for budget

ITALY has been threatened with sanctions from the European Union if it fails to budge on its planned 2019 budget. Economic Commissioner Pierre Moscovici said Rome must realise it cannot break the EU’s fiscal rules, which it is in breach of with its bumper spending plan. The EU is concerned the budget proposals would increase Italy’s public debt burden 76

October 31, 2018 9:51 AM EU on BRINK: Italy to STRIKE BACK at Juncker sanctions threat TODAY with NO budget change

ITALY is showing to be defiant against the European Commission's rejection of its budget proposal as the eurosceptic Government plans to present the same measures despite the threat of harsh sanctions. Italy will present its new budget proposal on Wednesday following a request by the European Commission to rethink some key economic measures non-compliant 166

October 31, 2018 8:12 AM Italy budget row: Rome TURNS UP HEAT on EU as GDP stagnates

ITALY’S economy has shown little to no growth this year, with the country’s prime minister warning this is exactly why Italy needs to ignore the European Union’s spending rules and push through its preferred budget. Prime Minister Giuseppe Conte said he was not surprised that Italy’s GDP stagnated in the third quarter this year and said this justified 73

October 24, 2018 8:54 AM Where are the EU border guards? 10,000 were promised – NONE are in place, says Verhofstadt

ARCH federalist Guy Verhofstadt warned European Union leaders they are on the verge of “sleepwalking” the bloc into another financial meltdown if they continue to fail to resolve massive crises from migration and border security to catastrophic economic mismanagement . The influential MEP accused them of “evading their responsibility” by walking away from the negotiation 34

October 23, 2018 1:57 PM European Union REJECTS Italy budget in unprecedented action

EUROPEAN Union bosses have taken unprecedented steps to reject Italy’s budget and demand Rome submits a new version within weeks. The bloc's budget chief rejected the plans as he declared "public debt is the enemy of the people" as he justified their action against Italy's populist government. The European Commission was keen to warn Rome against any illusions 41