The European Commission has urged Italy to step up its austerity efforts to avoid sanctions. The country's debt is far above the limit allowed by Brussels.
The European Central Bank wants to end its €2.4 trillion bond-buying program at the end of 2018, calling time on a policy that is credited with reviving the eurozone but may come too soon for some debt-laden countries.
Italy's new government appears at loggerheads with Germany on migration. But dig deeper and there is common room to cooperate despite the rhetoric.
Italy’s new Finance Minister Giovanni Tria has said the government aims to stick with the euro and also cut debts levels. His words should help assuage fears of an Italian spending splurge and exit from the EU currency.
The coast guard has rescued migrants from 68 different smuggling boats in the last two days. This is in addition to the 630 people due to arrive in Spain on Sunday after being turned away by Italy and Malta.
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