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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessBRIEF: EU Launches Excess Deficit Process Vs Italy And France
MNI (BRUSSELS) - The European Union said that member states had formally approved the launch of the excessive deficit procedure against France, Italy, Belgium, Hungary, Poland, Malta and Slovakia, in line with the European Commission's decision on June 19 regarding their 2023 deficits .
Romania is already in an EDP and has been since 2020. (See MNI POLICY: EU States To Choose Easier, 7-Year Fiscal Plans)
The decisions in each case were taken on the basis of a qualified majority vote, based on population size, and excludes the member state concerned.
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.