Italy Cuts 2019 Deficit Goal to 2% in Bid to Avoid EU Procedure

(Bloomberg) — Italy’s populist government lowered its 2019 budget deficit in a bid to comply with European Union rules and avoid sanctions for failing to rein in debt.The deficit is now expected to be 2.04% of economic output, according to a person familiar with the issue who asked not to be identified
— Read on ca.finance.yahoo.com/news/italy-cuts-2019-deficit-goal-055254991.html