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EU Audit Court agst Italy flexibility

'More rigid norms needed for highly indebted nations'

EU Audit Court agst Italy flexibility

Brussels, July 12 - The EU Audit Court on Thursday came out against granting budget flexibility to Italy. The Court said Italy's high debt, the second-biggest in the EU after Greece's, precluding granting such wiggle room. "More rigid norms are needed for highly indebted nations," the court said.

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