Italy faces threat of EU sanctions over high debt (Moscovici) | AFP

EU Economic Affairs Commissioner Pierre Moscovici announces that the European Commission has formally put Italy on notice for its deteriorating and huge debt, re-opening a battle with populist-led Rome. SOUNDBITE

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Pierre Moscovici tells Italy to sort out its public finances

European Commissioner for Economic Affairs Pierre Moscovici urges Italy to consolidate its public finances at a press conference on the economic and social situation in the EU Member States. SOUNDBITE from Pierre Moscovici