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30 May 2019
Italy's Tria: 2019 deficit will be below official 2.4% of GDP target
Italy's Economy Minister Tria crossed the wires in the last minutes claiming that the country's 2019 budget deficit will be below the official target of 2.4% of the GDP.
Key quotes (via Reuters)
- It is not possible to speed up debt reduction amid economic slowdown.
- Investors would not like a swift fiscal consolidation.