In an interview with the newspaper Corriere della Sera on Monday, an Italian economist and former International Monetary Fund (IMF) official Carlo Cottarelli said that Italy‘s 2019 growth target is `difficult’ to reach given current quarterly expansion level.
Cottarelli noted:*With a 2.4% annual budget deficit target for next 3 years, govt “has, in fact, announced that it will not respect the deficit rule nor the debt rule” set by the European Union (EU).
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