Moscovici Calls Report on Italy Sanctions 'Fake News'

The video discusses Italy's budget issues and the European Commission's potential response. Maria Tadeo reports from Brussels on the possibility of sanctions against Italy due to its budget plan. Pam Muscovy, European Commissioner for Economic Affairs, clarifies that no decision has been made and emphasizes a spirit of dialogue. The European Commission aims to avoid a political conflict, relying on market forces to monitor Italy's actions.

What are the key rules that the European Commission wants to ensure regarding Italy's debt?

What role do the markets play in the context of the Italian Government's budget?