Italian budget developments continue, the latest being Italy's economy minister wanting try to reach a deal with the European Commission over fiscal policy

The background to this is the European Commission rejected Italy's fiscal plan for 2019 last month

  • said it disregarded commitments to lower the deficit
  • did not guarantee a reduction in Italy's country's debt
  • Rome has until Tuesday to present a new budget

Reuters report citing an unnamed government source:

  • said the Treasury could reduce its GDP estimate for next year to convince Brussels that Italy would not go above a deficit of 2.4 percent of GDP in 2019
  • The source did not give an exact figure

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