Italy vows both fiscal discipline and expansionary policies

Italy vows both fiscal discipline and expansionary policies

A cabinet meeting in Rome on Thursday is expected to resolve the dispute within the cabinet on what the 2019 budget deficit target.

Rome is due to submit its first 2019 budget draft.

Reportedly, the Economy Minister Giovanni Tria wants to better the 2018 budget’s 1,7% deficit target. By aiming for a 1,6% budget deficit for 2019, Italy will still be doubling the 0,8% target set by the previous government.However, the senior coalition partner 5-Star Movement (M5S) continues to mount pressure on Tria to raise the target to 2.4%, public news agency ANSA reported on Wednesday, September 26.The negotiation began with […]

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