Politics · Italy · 2 hrs ago
Meloni seeks EU fiscal flexibility over inflation costs
Giorgia Meloni is seeking Parliament’s backing before an upcoming meeting of European Union leaders.
She wants the EU to ease its fiscal rules by about €4 billion to account for unexpected inflation costs.
Meloni is also calling for measures to improve European competitiveness, including action on energy prices and a relaxation of carbon-emissions rules.
The meeting begins in Brussels the next morning, but Italy may make limited progress: Germany supports competitiveness measures while pushing for broad cuts to the EU’s future budget.
On Ukraine, Meloni is expected to propose a group of EU envoys to negotiate with Moscow on behalf of all 27 member states.
The proposal is intended to give the EU more negotiating weight as the United States leaves a gap, while disagreements over military aid to Kyiv make the issue sensitive.
Giorgia Meloni is seeking about €4 billion in fiscal flexibility to account for unplanned inflation costs.
She is expected to ask Italy’s parliament for support before the European Council meeting.
Meloni also plans to press for measures on European competitiveness and energy prices, and for easing carbon-emissions rules.
Germany supports Italy’s competitiveness push but is advocating across-the-board cuts in the next EU budget, including to Cohesion funding.
The article says Meloni may make little progress at the meeting, which is due to begin the following morning.
- Who
- Italian Prime Minister Giorgia Meloni is seeking support for Italy’s position.
- What
- She plans to seek about €4 billion in fiscal flexibility for unplanned inflation costs, alongside measures on competitiveness and energy prices.
- When
- She is due to address parliament on 13 October 2026, before the European Council meeting starts the following morning.
- Where
- In the Italian parliament in Rome, and at the European Council meeting in Brussels.
- Why
- Italy says its economy faces extra costs from unplanned inflation.
Meloni’s government
German government
Cohesion funding
Meloni’s government
Rome argues the Cohesion budget should not be cut.
German government
Germany is pushing for across-the-board cuts to all budget areas, including Cohesion.
Meloni is expected to address parliament and seek a broad mandate ahead of the European Council.
The European Council meeting is due to begin in Brussels.
- Fiscal flexibility sought
- About €4 billion
- Reason for request
- Extra costs from unplanned inflation
- Council location
- Brussels
- Council timing
- Begins the morning after Meloni’s parliamentary address
- Budget disagreement
- Germany supports across-the-board cuts, including to Cohesion funding, while Rome opposes cuts to Cohesion
What people are saying
to which we will not make and have never made concessions, in its interest and ours
linear cuts
Sources
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