
Italy's Meloni Urges EU to Exclude Energy Costs from Stability Pact
Italian Prime Minister Giorgia Meloni has formally requested that the European Union exclude spending related to the energy crisis from the Stability Pact. She argues for budget flexibility, treating the energy crisis as an urgent defense need.
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Italy’s Meloni Asks EU for Budget Flexibility Over Energy Costs - Bloomberg.com
Italy’s Meloni Asks EU for Budget Flexibility Over Energy Costs Bloomberg.com
Read full article →Japan’s Takaichi calls for extra budget as Iran energy crisis bites
Prime minister’s U-turn follows weeks of denials and raises concerns that further bond issuance will be needed
Read full article →Extend Stability Pact exemptions to energy, Meloni says in letter to von der Leyen
(ANSA) - ROME, MAY 18 - Premier Giorgia Meloni has written to European Commission President Ursula von der Leyen calling for exemptions from the Stability and Growth Pact for defence spending to be extended for measures to soften the impact of the energy-price shock triggered by Iran war. The letter asked the EU executive to "to extend the scope of the National Escape Clause, intended for defence spending, to also include investments and measures to address the energy crisis". It said that, i...
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