EU heads towards full-blown fight with Italy over debt
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LUXEMBOURG (Reuters) - The European Union looks increasingly likely to impose disciplinary procedures on Italy over the management of its huge public debt, after inconclusive meetings on Friday between the Italian finance minister and his EU partners.The EU is urging Italy to adopt new measures to improve its public finances this year and next. It has threatened unprecedented disciplinary action over Rome's debt that would entail a prolonged period of oversight of the country and could lead to..