Italy is preparing for a budget deficit from 1.9% to 2.0%

3 Dec 2018 11:17 AM

According to some recent reports, Italian Prime Minister Giuseppe Conte is preparing for a budget deficit of 1.9% to 2.0%, and indicated that Deputy Prime Minister Luigi Di Maio is ready to accept the new target. The Prime Minister has confirmed that he will negotiate with the European Union on the budget instead of Finance Minister Giovanni Tria.

The Deputy Prime Minister said that the European Union has a constructive stance on the budget, and that the priority in the budget is to carry out reforms. Finally, we will not change on pensions.

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