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European Commission requests that Italy presents a revised draft budgetary plan for 2019
The European Commission has identified in the draft budgetary plan submitted by Italy for 2019 a particularly serious non-compliance with the fiscal recommendation addressed to Italy by the Council on 13 July 2018.
TREASURY BILLS (BOTS) OFFERING ANNOUNCEMENT
The Ministry of Economy and Finance announces the following BOT issue, that will be settled on 15 August 2011 and carried out through auction on 10 August 2011: Amount (million euros) 12 month BOTs 6,500 Maturity 15 August 2012 Days 366
Protection of the EU's Financial Interests: Commission welcomes European Parliament’s call for increased cooperation by Member States
The European Parliament adopted today a report on the protection of the EU’s financial interests. The European Commission welcomes this document as an important support in the fight against fraud affecting the EU budget. The report by rapporteur Francesco Musotto highlights the paramount importance of a constructive cooperation between the Member States and the Commission. It stresses the key responsibility of the Member States for the sound management of Community revenue and expenditure, in particular in the areas of agriculture and structural funds, and including the recovery of unduly spent sums. Finally, the report requests concrete follow-up actions, including measures against certain Member States