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a weak euro currency don t guarantee a strong economy. like few other nations the german economy relies on overseas consumption at a time of growing uncertainty it only makes sense that it s feeling the pinch. the italian government appears determined to stick to its biggest spending budget plan did not meet a deadline set by the european commission to present a revised budget one that would be in line with euro zone rules brussels rejected raines and initial plan which would deficit spending two point four percent of g.d.p. italy has the second highest debt to g.d.p. ratio in the eurozone and now the ball is in the e.u. scored and it looks like a nasty battle has just begun. after italy s populist government stated on tuesday that it sticking with its controversial two point four percent budget deficit plans in response to the demands for changes analysts are predicting tough reactions on the side of the e.u. . i think we are approaching sanctions from the european union because i thi

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