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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.

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