EU Warns 3 More Countries Over Budget Plans

November 17, 2015 11:48 AM

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BRUSSELS — The European Union warned Tuesday that another three of the 19 countries that use the euro, including Italy, the region's third-largest economy, are at risk of breaking the bloc's budget rules.

Though the EU's executive arm said no country's draft budget has been found to be seriously in breach of the rules, it said Italy, Austria and Lithuania risk overshooting deficit limits in 2016. The European Commission urged the three countries to revise their spending plans.

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