The European Commission
has postponed a decision on whether to allow Italy to use a
flexibility clause in its budget rules until spring, when
Premier Matteo Renzi's budget law will be re-assessed, ANSA
sources said Tuesday. The EU will evaluate whether the requested
deviations "were actually used to increase investments" and
whether "a credible adjustment plan" exits to take Italy towards
a balanced budget. "Progress on (structural) reforms" will be
reviewed too, the sources said.
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