The European Commission promotes Italy's budget, highlighting that the Structural Budget Plan "meets the requirements" of the new Stability Pact. According to Brussels, the document sets out a credible fiscal path that ensures a gradual reduction in public debt. In contrast, comes a red card for the Netherlands, whose Budget Planning Document is judged "not in line" with spending recommendations. Same fate for Germany, whose Policy Document is deemed "not in line" by the Commission.
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