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Euronews
Euronews
Marta Pacheco

European Commission responds to Italy's call for energy cost relief flexibility

European Union Commission Italy Europe International Monetary Fund European Commission

The European Commission is set to allow limited energy-related spending from fiscal rules to give EU countries more leeway to address soaring prices.

The measures announced by the EU executive on Wednesday are an attempt to reassure fiscally conservative capitals struggling with skyrocketing energy bills that are threatening industrial production.

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