Having taken into account its report in accordance with Article 104(3) of the Treaty establishing the European Community, which has become Article 126(3) of the Treaty on the Functioning of the European Union, and having regard to the opinion of the Economic and Financial Committee in accordance with Article 104(4)of the Treaty establishing the European Community, which has become Article 126(4) of the Treaty on the Functioning of the European Union, the Commission concluded that an excessive deficit existed in Italy.
Compte tenu du rapport qu’elle a élaboré en vertu de l’article 104, paragraphe 3, du TEC, devenu l’article 126, paragraphe 3, du TFUE, et de l’avis rendu par le comité économique et financier conformément à l’article 104, paragraphe 3, du TCE, devenu l’article 126, paragraphe 4, du TFUE, la Commission a conclu à l’existence d’un déficit excessif en Italie.