International Development News
Development News Edition
Give Feedback

EU governments see considerable improvement in Italy's public finances - source


Reuters Brussels
Updated: 03-07-2019 14:50 IST
EU governments see considerable improvement in Italy's public finances - source

Image Credit: Pixabay

Representatives of European Union governments see a "considerable improvement" in Italy's fiscal plans after the government announced new measures this week, an EU official told Reuters.

Italy's deficit this year is expected to be at 1.9% of output, much lower than previously forecast. Governments also saw a structural improvement of 0.3% this year, and "considerable improvement" in Italy's fiscal plans for next year, the official said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : Belgium