DW Business speaks to Josephine McKenna in Rome and DW correspondent Max Zander in Brussels about the EU formally putting Italy on notice for breaking fiscal rules.
Brussels has asked the Italian government to explain its lack of progress in reducing debt. Italy's populist government is accused of exposing the bloc to financial problems by ignoring budget discipline rules.
The European Commission president has said Italy is moving in an "unsound direction" regarding public debt. Jean-Claude Juncker warned Rome to rethink, though Italy's leaders appear divided.
The European Commission has once again said that Italy's fiscal policies lack prudence and violate the bloc's budget rules. DW's Andreas Rostek looks at Brussels' attempts to bring Rome to its senses.
The EU Commission has begun a legal process that could mean unprecedented sanctions and financial oversight of Europe's fourth-largest economy. Italy aims to change the rules that could lead to its censure.
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