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LIBOR: Council endorses new rules addressing cessation of financial benchmarks
As one of the first jurisdictions worldwide, the EU is putting in place a framework to ensure a smooth transition when financial benchmarks are terminated.
European Commission requests that Italy presents a revised draft budgetary plan for 2019
The European Commission has identified in the draft budgetary plan submitted by Italy for 2019 a particularly serious non-compliance with the fiscal recommendation addressed to Italy by the Council on 13 July 2018.