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Meloni asks Brussels for fiscal leeway as energy shock squeezes Italy

Italian prime Minister Giorgia Meloni is urging the European Commission again to relax the EU's fiscal rules, saying that higher inflation due to soaring energy prices is squeezing households and…

  • Italian PM Giorgia Meloni seeks increased fiscal flexibility from Brussels.
  • EU energy markets extremely tight, oil prices up 80%, gas prices up 156%.
  • Meloni argues inflation-driven spending increases exceed current EU fiscal rules.

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