BRUSSELS: The European Commission on Tuesday demanded “clarifications” from seven eurozone countries over their draft budgets, expressing unique subject that Italy, Cyprus and Finland are not assembly EU targets.
Belgium, Portugal, Spain and Lithuania, whose budgets had been flagged for special reasons, have additionally been sent letters by using the EU executive seeking motives. The nations’ responses are due by using Thursday.
“For Italy, Cyprus and Finland, we have a actual hassle,” a European source stated, adding that the 3 nations could doubtlessly see their budgets rejected with the aid of Brussels.
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