European Commission will not act against Italy over its debt, for now <!-- no image --> <div>The European Commission on Wednesday dropped its threat of disciplinary action against Italy after Rome took actions to curb its growing debt.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=1JCKoIu5Dgo:vGQWNeVhYxY:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=1JCKoIu5Dgo:vGQWNeVhYxY:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=1JCKoIu5Dgo:vGQWNeVhYxY:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=1JCKoIu5Dgo:vGQWNeVhYxY:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=1JCKoIu5Dgo:vGQWNeVhYxY:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/1JCKoIu5Dgo" height="1" width="1" alt=""></div> Posted by Reuters