Italy risks a rude awakening in the race for top European Union jobs as it faces...
BRUSSELS - Italy risks a rude awakening in the race for top European Union jobs as it faces growing isolation after eurosceptic nationalists in its ruling coalition won big in last week’s European Parliament elections.
But his calls faced a tough reality check at EU headquarters in Brussels where there is no appetite for loosening fiscal discipline to placate eurosceptic populists in member states. With no moves from Rome to comply with EU rules that require a reduction of large debts, Brussels is likely next week to launch a long legal battle with Italy that could lead to unprecedented financial sanctions in the long run.
For a change to the ECB’s mandate, the backing of all 28 EU leaders is needed - a tough task for a eurosceptic government with few friends in Brussels, an EU official said. “Italy is isolated. When you shout, scream and insult, then you remain alone and results are very modest,” said Antonio Tajani, the centrer-right Italian president of the EU parliament - another top job up for grabs following the election.
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