Italy’s coalition willing to keep deficit below 2 percent of GDP: source

FILE PHOTO: Informal meeting of EU leaders in Salzburg
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives for the informal meeting of European Union leaders ahead of the EU summit, in Salzburg, Austria, September 19, 2018. REUTERS/Lisi Niesner/File Photo

September 25, 2018

ROME (Reuters) – Italy’s ruling coalition is willing to keep the public deficit below 2 percent of the country’s gross domestic product (GDP), a government source said after a meeting at the prime minister’s office over the budget late on Monday.

The executive must present its budget targets this week.

(Reporting by Giuseppe Fonte, writing by Giselda Vagnoni, editing by Francesca Landini)

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