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U.S. Markets

Italy's Deputy PM Salvini says worth having deficit above 2 percent

FILE PHOTO: Italy's Interior Minister Matteo Salvini gestures during a news conference to approve a new decree of the measures on immigration and security at Chigi Palace in Rome, Italy, September 24, 2018. REUTERS/Alessandro Bianchi/File Photo

ROME (Reuters) - Italy’s Deputy Prime Minister Matteo Salvini said on Thursday that Italy should have a deficit above 2 percent of gross domestic product so that the government can follow through on its campaign promises to create jobs and spur growth.

Salvini, when asked by a reporter on a Facebook live video during an official visit to Tunis whether it was worth going over 2 percent, replied: “Obviously yes”.

Reporting by Giselda Vagnoni, editing by Steve Scherer

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