Italy has asked the EU for permission to raise its budget deficit target by 0.35 percentage points of its GDP to tackle coronavirus, Reuters reported on Thursday, citing a government source familiar with the matter. Meanwhile, Italian Prime Minister Conte said that they have set aside 7.5 billion euros to help the economy in face of coronavirus. “March 29 referendum on cut in the number of lawmakers will be delayed, with no new date set,” Conte added. EUR/USD reaction The EUR/USD pair edged lower in the last minutes and was last seen trading at 1.1175, still up 0.35% on a daily basis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US NFP Preview: Expected to be at trend FX Street 3 years Italy has asked the EU for permission to raise its budget deficit target by 0.35 percentage points of its GDP to tackle coronavirus, Reuters reported on Thursday, citing a government source familiar with the matter. Meanwhile, Italian Prime Minister Conte said that they have set aside 7.5 billion euros to help the economy in face of coronavirus. "March 29 referendum on cut in the number of lawmakers will be delayed, with no new date set," Conte added. EUR/USD reaction The EUR/USD pair edged lower in the last minutes and was last seen trading at 1.1175, still up 0.35% on a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.