SQUAWK/NEWS
Account
Theme
Account
Menu
Live News REGULATION ARTICLE M impact

EU says Italy can use energy escape clause in fiscal rules

An EU Commission spokesperson said Italy can activate the national escape clause from EU fiscal rules for energy, saying it does not endanger fiscal sustainability over the medium term.

Italy can use the national escape clause from European Union fiscal rules for energy, a European Commission spokesperson said on Thursday. The assessment concluded that activating the clause does not endanger fiscal sustainability over the medium term in Italy.