Italy next?

Kathimerini English - - Business & Finance -

The Ital­ian gov­ern­ment is com­mit­ted to nar­row­ing its bud­get deficit, the Euro­pean Union said af­ter Stan­dard & Poor’s threat­ened to cut Italy’s credit rat­ing. “Italy is de­liv­er­ing in terms of con­sol­i­dat­ing pub­lic fi­nances,” Amadeu Altafaj, a spokesman at the Euro­pean Com­mis­sion, the 27-nation EU’s ex­ec­u­tive arm, told re­porters yes­ter­day in Brus­sels. “Fis­cal con-

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