According to a report, via the Politico, the European Commission is said to propose disciplining Italy under EU fiscal rules on November 21 “” unless the country’s government agrees to change its draft budget plan. The report quoted three people involved in the talks, saying that by basing its recommendations on Italy’s enormous debt, rather than its proposed budget deficit for 2019, the Commission will be able to start the potentially punitive proceedings far earlier than expected. The move is seen further escalating the showdown over the budget between Brussels and the populist government in Italy. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoC’s Poloz: Recent developments in markets are symptoms of normalization FX Street 4 years According to a report, via the Politico, the European Commission is said to propose disciplining Italy under EU fiscal rules on November 21 "” unless the country's government agrees to change its draft budget plan. The report quoted three people involved in the talks, saying that by basing its recommendations on Italy's enormous debt, rather than its proposed budget deficit for 2019, the Commission will be able to start the potentially punitive proceedings far earlier than expected. The move is seen further escalating the showdown over the budget between Brussels and the populist government in Italy. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.