Italian press report, Corriere della Sera, an Italian daily newspaper
The paper citing a Cabinet meeting
- Says a draft of Italy's budget plan says plan is to cut the deficit to 2% in 2021
- Govmt forecasting deficit of 2.4% of GDP for 2019, then 2.2% in 2020
- Says due to pressure from the EU
- spending cuts
Giving the EUR a boost
Well, that's different …the past few weeks have been over run with reports of a blow out deficit, which have weighed on the euro.