Select a language
Also grappling with difficulties in finding funds to finance its debt, Italy continues to suffer from the aftermath of a series earthquakes that since May 20 have so far caused 25 deaths. The Italian government has estimated reconstruction costs of 2 billion euros and has asked Brussels not to figure these in when calculating Italy's 2012 deficit. This is to avoid sanctions imposed by the fiscal compact.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
Read more on this topic
