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flag Meloni urges EU to suspend budget rules if Iran conflict causes severe energy crisis.

flag Italian Prime Minister Giorgia Meloni urged the European Union to consider temporarily suspending its strict budget rules, such as the Stability and Growth Pact, if the conflict between Iran, the U.S., and Israel escalates into a severe energy crisis. flag Speaking in parliament, Meloni suggested the bloc should adopt measures similar to those used during the pandemic to protect economies. flag However, EU officials stated that such a suspension requires a formal declaration of a severe economic crisis across the bloc, which is currently not the case.

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