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EU Budget Leeway for Meloni and Peers Gets Slammed by Watchdog

EU Budget Leeway for Meloni and Peers Gets Slammed by Watchdog
Bloomberg Markets Wednesday 10 June 2026, 12:00 UTC By Jorge Valero 1 min read
Key Points

Tax & Spend EU Budget Leeway for Meloni and Peers Gets Slammed by Watchdog The European Commission shouldn’t have given in to pressure from governments seeking extra leeway for energy-related aid, the European Union’s budget watchdog said. In one of the most stinging rebukes delivered since its creation a decade ago, the European Fiscal Board highlighted risks posed to consumer prices and to the credibility of revamped deficit rules, and criticized how an exemption for military spending has...

Tax & Spend EU Budget Leeway for Meloni and Peers Gets Slammed by Watchdog The European Commission shouldn’t have given in to pressure from governments seeking extra leeway for energy-related aid, the European Union’s budget watchdog said. In one of the most stinging rebukes delivered since its creation a decade ago, the European Fiscal Board highlighted risks posed to consumer prices and to the credibility of revamped deficit rules, and criticized how an exemption for military spending has been exploited.
Meloni (PERSON) Watchdog Tax & Spend (ORG) The European Commission (ORG) the European Union’s (ORG) the European Fiscal Board (ORG)
Originally published by Bloomberg Markets Read original →

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