Italy govt agrees on 2.4 percent deficit-gdp target for 2019: source - Dealers Care

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Friday, 28 September 2018

Italy govt agrees on 2.4 percent deficit-gdp target for 2019: source

By Giuseppe Fonte and Angelo Amante ROME (Reuters) - Italy's government has agreed to target next year's budget deficit at 2.4 percent of gross domestic product, a source in the prime minister's office said on Thursday, ending a tussle between the ruling parties and the economy minister. The coalition of the 5-Star Movement and the League had been pushing for a deficit around 2.4 percent of GDP to fund costly policy pledges, while Economy Minister Giovanni Tria had wanted a figure below 2 percent. "An accord has been reached at 2.4 percent," the source said, following meetings between party chiefs and Tria

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