Rome has set out a series of emergency measures to mitigate the rising energy costs caused by the war in Iran. After the International Monetary Fund (IMF), the European Commission is also set to argue that such broad and untargeted measures are ineffective, according to a document obtained by Euronews.
In recent weeks, the Italian government has been increasingly vocal in calling for the fiscal flexibility recently granted to defence spending to be extended to cover spiking energy costs — including in a letter sent by Prime Minister Giorgia Meloni to European Commission President Ursula von der Leyen.
