Reported 8 months ago
France and Italy are among seven European Union countries that will be reprimanded by the European Commission for exceeding deficit limits last year. This infringement procedure will address their deficits, with Spain and three other nations not included in the list. Italy and Poland expected reprimands for breaching EU debt and budget deficit rules, which were temporarily eased during the pandemic and energy crisis. This announcement poses challenges for France, coinciding with Macron's call for snap elections, potentially impacting economic and fiscal legislation passage.
Source: YAHOO