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Italy's budget crisis threatens the entire EU project, strategist says

Italy's budget crisis threatens the entire EU project, strategist says

Friday, October 19, 2018, 2:40 PM

The European Union needs to be "sensible" in how it deals with the Italian budget crisis or the entire project could come to an end, one strategist told CNBC Friday morning. The ongoing confrontation between the anti-establishment government in Italy and the European Commission has intensified over the few last weeks, with Rome insisting on increasing its spending next year, despite the EU's disapproval.
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