|Author (Person)||Codogno, Lorenzo|
|Series Title||EUROPP Blog|
|Content Type||Journal | Series | Blog|
Italy is during the autumn of 2015 asking the European Commission for more flexibility over its new budget for structural reforms, investments and to help manage the refugee crisis. Lorenzo Codogno writes that this makes the Italian budget expansionary and, perhaps, also pro-cyclical. Moreover, it raises a number of issues on the proper interpretation of EU fiscal rules, the rules themselves, and the most appropriate fiscal stance given the state of the Italian and EU economy.
|Countries / Regions||Italy|