Bloomberg reports, citing an Italian Treasury official
The report says that the government is planning to slash growth forecasts for next year as it seeks to persuade the European Commission that its budget projections are credible. Adding that they will reduce the GDP forecast for next year to 0.9% or 1.0% from the initial proposal of 1.5%.
This is very much in line with what was reported earlier here. And as mentioned then, it doesn't really matter what they change it to because at the end of the day, the government sure looks like they just want to get the commission off their backs and then go about their own business with their fiscal measures next year.
