EU commission tells Italy its 2019 draft budget points to a particularly serious non-compliance with EU budget rules -letter

EU commission tells Italy its 2019 draft budget points to a particularly serious non-compliance with EU budget rules -letter

EU COMMISSION TELLS ITALY ITS 2019 DRAFT BUDGET POINTS TO A PARTICULARLY SERIOUS NON-COMPLIANCE WITH EU BUDGET RULES -LETTER
— *Walter Bloomberg (@DeItaone) October 18, 2018

Added at 12:11pm

ITALY'S PLANNED BUDGET DEVIATION IS `UNPRECEDENTED,' EU SAYS
— zerohedge (@zerohedge) October 18, 2018

Added at 12:13pm

EU COMMISSION SAYS ITALY'S GOVERNMENT SPENDING GROWTH PLANNED FOR NEXT YEAR IS 2.7 PCT, WHILE MAX ALLOWED UNDER RULES IS 0.1 PCT - LETTER
— FxMacro (@fxmacro) October 18, 2018

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#1
Quote
Oct 18, 2018 12:16pm Oct 18, 2018 12:16pm

Wayne2401
| Joined Jan 2016 | Status: Trader | 834 Comments

So what are they going to do. They completely ignored Greece s falsified figures.

#2
Quote
Oct 18, 2018 12:21pm Oct 18, 2018 12:21pm

nbfx
| Joined Oct 2010 | Status: Trader | 1490 Comments

Quoting Wayne2401

Disliked

So what are they going to do. They completely ignored Greece s falsified figures.

Ignored

And that was even before the Euro was off the ground...

#3
Quote
Oct 18, 2018 12:30pm Oct 18, 2018 12:30pm

Wayne2401
| Joined Jan 2016 | Status: Trader | 834 Comments

Quoting nbfx

Disliked

{quote} And that was even before the Euro was off the ground...

Ignored

Yes and their answer was to throw money at it, ever since.

#4
Quote
Oct 18, 2018 1:11pm Oct 18, 2018 1:11pm

LookinGood
| Joined Jan 2017 | Status: Trader | 12 Comments

So wait.....
Borders! Borders aren't gonna work! - SPIKE
Hey we figured out this Brexit thing. - SPIKE
Nah we didn't. - SPIKE
Yeah we've decided it'll be ok. - SPIKE
EU is gonna be alright folks. The economy is good to us. - SPIKE
F*** ITALY IS CHEATING. - SPIKE

Whats Next? Italy budgetary method new gold standard for EU?

#5
Quote
Oct 18, 2018 3:29pm Oct 18, 2018 3:29pm

HirenGarason
| Membership Revoked | Joined Jun 2018 | 7 Comments

Short XAU and XAG at cmp $1230-1232 range and $14.655-680 range and keep sl???

and wait S1 $1217+$14.350
and wait S2 $1210+$14.180
and wait S3 $1200+$14.000.....Tgt in next few hours/this week---are you ready????

Story Stats

Posted: Oct 18, 2018 12:10pm
Submitted by:
Newsstand

Category: High Impact Breaking News

Comments: 5 / Views: 2,982