Italy trims deficit targets

Italy trims deficit targets

© ANSA +CLICK TO ENLARGE (ANSA) – Rome, October 3 – Italy’s deficit-to-GDP ratio will be set at 2.4% in 2019 to then drop to 2.1% in 2020 and 1.8% in 2021, according to the update of the DEF economic blueprint, Premier Giuseppe Conte said after a government budget summit Wednesday, responding to EU criticism.
Addressing a press conference, he said the budget had "respected commitments, it is courageous and serious".
Conte said the debt-GDP ratio would drop to 126.5% from its current 130.9% by 2021.
"We’re not going to give up the measures in the government contract," he […]

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