Left Menu
Development News Edition

Italy's PM Conte says deficit/GDP can fall to 2.2% in 2019

Reuters | Rome | Updated: 11-06-2019 16:11 IST | Created: 11-06-2019 16:08 IST
Italy's PM Conte says deficit/GDP can fall to 2.2% in 2019
Image Credit: Wikimedia

Italy's budget deficit can fall to 2.2 per cent of gross domestic product this year, Prime Minister Giuseppe Conte said on Tuesday, compared with a 2.4 per cent government forecast. Italy is trying to avoid the launch of a disciplinary procedure by the European Commission over its deteriorating public finances.

Conte said such a procedure would be harmful to both Italy and the eurozone.


TRENDING

OPINION / BLOG / INTERVIEW

5G will be the key driving force for COVID-19 recovery: Here's how?

... ...

Canada’s COVID-19 pitfalls highlight need for integrated health information system

In the globalized world of today where outbreaks can spread far and wide within a matter of days, a global-level integrated health information system is ideal but Canadas provincial barriers show that the country lags much behind in deployi...

Pandemic must be impetus, not obstacle, for clean water access

To make matters worse, there are suspicions that the inadequacy of wastewater treatment methods in California, the rest of the USA, and indeed around the world may help to propagate the disease even more widely. ...

3D printing and the future of manufacturing post COVID-19

The on-demand, customizable, and localized manufacturing of product components facilitated by 3D printing has the potential to redefine manufacturing but there are certain technical, mechanical, and legal limitations that, unless ...

Videos

Latest News

Gay president 20 years off, says former U.S. Congressman Barney Frank

The United States will elect an LGBT president, but it might take another 20 years before the rainbow flag flies metaphorically over the White House, according to former Congressman and veteran civil rights campaigner Barney Frank.Attitudes...

Trump scores diplomatic deal with Middle East allies before election

President Donald Trump on Thursday managed to pull off a rare victory for U.S. diplomacy in the Middle East ahead of his Nov. 3 re-election bid by helping to broker a deal between American allies Israel and the United Arab Emirates. The Gul...

EXCLUSIVE-ByteDance censored anti-China content in Indonesia until mid-2020- sources

Chinese tech giant ByteDance censored content it perceived as critical of the Chinese government on its news aggregator app in Indonesia from 2018 to mid-2020, six people with direct knowledge of the matter told Reuters. The sources said th...

WHO chief calls for solidarity in financing, ensuring equal access to future COVID-19 vaccine

With the ripple effects of the pandemic upending peoples lives, WHO Director-General Tedros Adhanom Ghebreyesus said that to move forward, the best bet is to do it together, as he briefed reporters from Geneva on the latest developments.P...

Give Feedback