thirteen on monday down over half a percent from friday's close markets are braced for a rollercoaster week as a standoff between roman brussels over at least fiscal plan for next year comes to a head the european commission rejected the plan last month warning the government in rome to drastically reduce its budget deficit target it's of the already has the second highest in the eurozone in relation to g.d.p. the commission gave rome until tuesday to present a new budget office disciplinary steps these are the government has so far insisted that any concession would be trade voters amount to political suicide well little earlier we spoke to german economies during stock that's the european central bank's former chief economist and we asked him what was likely to happen next. at a certain point in time there will be a show del the question is whether the italian government will hit the wall with the commission or other european institutions over the markets i personally expect