• EC Vice-President Dombrovskis: Recent policy choices have been damaging for the Italian economy

Market news

5 June 2019

EC Vice-President Dombrovskis: Recent policy choices have been damaging for the Italian economy

  • Italy hasn't complied with debt criterion
  • Excessive debt procedure (EDP) is warranted for Italy
  • Recent Italian measures have damaged public finances
  • Says that Italy's growth has come almost to a halt
  • Reform momentum has slowed in Greece
  • Greek measures undone important reforms 
  • Recently Greek measures costly, not right

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