Martedì, 18 Settembre 2018

Italy says 2013 deficit to be 2.9% of GDP


Rome, April 10 - The government said Wednesday that
Italy's deficit for 2013 should be 2.9% of gross domestic
product (GDP), after the cabinet approved its economic blueprint
for the year, the DEF.
The forecast is below the 3% threshold allowed by the
European Union, which means Italy should emerge from the
procedure it is under for excessive deficit.
The government added that Italy's huge public debt is
expected to climb to 130.4% of GDP.

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