Economics
Italy Looking at Changes to 2019 Deficit Target
- Deputy premier says no one ‘fixated’ on budget deficit target
- Italy risks fines from European Commission amid debt worries
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Italian Deputy Premier Matteo Salvini signaled a new openness to change the nation’s budget deficit target for next year, the focus of a standoff with Brussels over the populist government’s spending push to fund election promises.
Asked whether a 2.4 percent target is set in stone, Salvini told newswire AdnKronos: “I think nobody is fixated on this, if there is a budget which makes the country grow, it could be 2.2 percent or 2.6 percent.”