ITALY REPEATED OBJECTION TO COMPLY WITH EU ECONOMIC FINANCE AND MONETARY POLICY HAS REQUIRED AN EXTRA-ORDINARY MEETING AT THE EUROPEAN UNION PARLIAMENT IN BRUSSELS TO DISCUSS THE CURRENT ECONOMIC FINANCE AND MONETARY CHALLENGES FACING FEW EU MEMBER COUNTRIES.

   Italy repeated objection to comply with European Union Economic finance and monetary policy has required an extra-ordinary meeting at the European Union Parliament in Brussels to discuss the economic finance and monetary challenges facing few EU countries which may have placed EU countries integration policy with the unified finance policy at much higher stakes than in the previous years, despite EU government much regard to the European Union countries values of sovereignty efficiency  self sufficiency integration and respect domestically and in the foreign countries. However, Italy objection to comply with EU budget deficit and debt reduction policy, instead of debt accumulation within the unified finance policy of EU member countries with specified Economic Finance Monetary and credit line regulations which have been dictated by the World's major finance Institutions as the European Central Bank (ECB) and the International Monetary Fund (IMF) has marked Italy's refusal to adhere to EU finance and Monetary policy as serious violation against EU unified finance monetary and economic growth policy which has been at the center of  a relatively fluctuating Gross Domestic Product (GDP) levels of EU Member countries of which Italy has not been the exceptional Southern European country with remarkably frequent and relatively lower credit line and less finance and monetary performance at the current EU and International markets, despite its membership in the EU which Italy has boldly expressed its intention for the remain, instead of separation from EU, due to EU higher stakes regulations for, or against ancient values that entailed sovereignty independency self-sufficiency higher production capacity and efficiency for better finance and economic prospects that enhances EU basic concept of freedom of Movement supported by EU Maastricht Treaty for the freedom of EU Member countries in the entire EU countries with no restriction, or limitations, particularly for employment opportunities allocation and residency for the domestic EU Member countries resident at home and in the foreign countries. Dispute over the Eurobonds sales prevailed between EU and Italy, after the European Union Central Bank (ECB) allocated six hundred billion euros for the domestic and International Eurobonds sales to alleviate the finance difficulty budget deficit and growing debt of EU Member countries, besides the weakening currency values of few EU member countries that entailed Italy of which all have been pre-qualified for finance assistance allocation in EU finance rescue packages by the allocation and use of the European Union currency the Euro that requires unified and strategic  economic and finance support policy to maintain its dominant currency value in the domestic and the International markets. Nevertheless, the Commission President Jean Claude Junker has once again emphasized his speech of the previous year on the EU communique with the letter of intend for Economic Finance and Monetary policy that requires resiliency of the member countries at the current finance difficulty condition of few EU member countries to maintain EU effective policies on Infrastructure support pre-finance support for member countries affected by EU austerity measures and a unified policy and goals for General economic growth of the prosperous and less prosperous EU member countries.

       Written by Professor Godfrey Ohia.
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