EU's Moscovici Says Italy Must Correct 'Very Serious' Rule Deviation

The video discusses the European Commission's response to Italy's budget, highlighting concerns about Italy's public debt and structural deficit. The EU emphasizes the importance of adhering to common rules to maintain the eurozone's stability. The video also touches on market reactions and the EU's approach to dialogue with Italy. Additionally, it briefly addresses Brexit negotiations, emphasizing the need for a deal to maintain strong future relations.

How does the speaker describe the relationship between the eurozone member states and their budgetary rules?

What are the main issues that need to be addressed in Italy's budget according to the speaker?

What role does the speaker believe the European Commission plays in the budget discussions?