BRUSSELS Feb 14 Italy will not be allowed to
make use this year of a so-called "investment clause" which
allows some flexibility on public spending because it failed to
present a document requested by the European Commission, an EU
source said on Friday.
A deadline for Italy to present a detailed spending review
in order to be allowed some leeway on investment spending
expires at the end of this week. Rome had already been granted
"There are no longer margins for the European Commission to
allow Italy to make use of the investment clause in 2014," the
Italy's Economy Ministry had no comment.
(Reporting by Francesco Guarascio, writing by Valentina Za;
editing by Agnieszka Flak)