Italy's Populists Urged by EU to Reconsider Their Fiscal Stance

European Commission Vice President Valdis Dombrovskis said Italy’s economic difficulties should push the populist government to review its fiscal position.

Dombrovskis, in a Bloomberg Television interview with Francine Lacqua and Taylor Riggs, said the Italian coalition’s program initially caused some financial instability, increased interest rates and hurt confidence, leading to a slowdown in the nation’s economy.