Christine Lagarde set to be confirmed as next ECB president
European finance ministers signed off on her appointment on Tuesday
European finance ministers signed off on her appointment on Tuesday
Italy warned previous commitments to rein in its debt must be honoured
EU strict rules on ‘output gap’ heavily criticised as right-wing leader argues for stimulus
Italy fell into recession at the end of 2018 and growth of just 0.2% is expected this year
Country is due to resubmit its budget after unprecedented rejection last months
Deputy prime minister says state won’t change its 2019 budget deficit target
Plan to raise debt to fund basic income and earlier retirement draws ire in Brussels
Government promises to cut deficit from 2020 on
The new Italian government’s pledged expansionary budget is a worry for Brussels
Shares in AIB and Bank or Ireland rise as optimism sweeps European financial sector
Officials reject French criticism after Italy refuses entry to ship carrying 629 migrants
PM Giuseppe Conte has pledged to cut taxes, boost welfare spend and overhaul some EU rules
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