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According to the latest headlines, via Bloomberg – citing an unnamed Italian official, Italy’s government was reportedly looking to change/discussing a lower 2019 budget deficit target.

Key highlights:

   “¢   Considering a deficit target of 2-2.1% of GDP.
   “¢   Deficit numbers in media are baseless.
   “¢   Conte, Tria, Di Maio, Salvini is to meet later on budget.
   “¢   Tria may present different budget goals at the meeting.