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Italy budget plan seeks to cut deficit to 2% in 2021: Corriere
Added at 10:06pm
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Maneuver, signal from the government in Brussels Deficit to 2.4 in 2019, but then will fall For the reforms are missing 15-20 billion
The signal that the government has decided to send to Brussels to prevent the European Commission from budging the financial maneuver is an "acceleration of the decline in public debt" in relation to the gross domestic product but also the deficit. That will be 2.4% of GDP in 2019, but then is expected to fall, according to initial estimates, to 2.2 in 2020 and 2% in 2021. It will therefore no longer be nailed to 2.4% for three years as announced so far. A novelty with which the government tries to reassure Brussels but also the markets. The debt was announced last night by the Prime Minister, Giuseppe Conte, ... (full story)
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