https://www.live-feeds.com/feed/italy-and-greece-seek-leeway-on-eu-fiscal-rulesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/italy-and-greece-seek-leeway-on-eu-fiscal-ruleshttps://www.live-feeds.com/feed/italy-and-greece-seek-leeway-on-eu-fiscal-rules#u100169Sun, 04 Oct 2026 21:21:19 +0000Italy and Greece formally requested increased fiscal flexibility from the European Commission on October 3, 2026, to combat rising fuel and energy costs. Italian Prime Minister Giorgia Meloni is seeking leeway to implement a 14bn euro plan to reduce cost pressures on households and businesses. Greek Prime Minister Kyriakos Mitsotakis cited a deepening energy crisis and military escalation at Middle East energy facilities as drivers for the request. Both leaders wrote to Brussels this week to argue that soaring inflation necessitates a relaxation of standard EU budget rules.Why it mattersGreece