November 26, 2018 / 7:35 AM / 18 days ago

Italy discussing reducing 2019 deficit target - govt source

ROME, Nov 26 (Reuters) - Italy’s governing coalition is discussing reducing next year’s budget target to 2.0-2.1 percent of gross domestic product from the current target of 2.4 percent to avoid a disciplinary procedure from Brussels, a government source said on Monday.

Rome risks being put under a disciplinary procedure by European partners after it presented an expansionary 2019 budget, revising up fiscal targets compared with goals agreed by the previous government. (Reporting by Giuseppe Fonte, writing by Steve Scherer; editing by Agnieszka Flak)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below