Italy Govt to EU: Confident of hitting growth targets - Bloomberg

Dhwani Mehta FXStreet

Bloomberg highlights key points from a letter sent to the European Union (EU) by the Italian government

Privatization target 1% of GDP for 2019.

Targets debt to GDP ratio at 126% in 2019.

Asks for the EU flexibility due to extraordinary events, spending for these events 0.2% of GDP in 3 years (cites spending for floods, Genoa infrastructure).

Won’t surpass 2.4% budget deficit for 2019.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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