Italy's Di Maio: 2019 deficit at 2.4% is confirmed

Haresh Menghani FXStreet

Italy's deputy Prime Minister Luigi Di Maio was out on the wires in the last hour, saying that 2019 budget deficit target at 2.4% is confirmed and the government is still mulling over cutting deficit after 2019.

Additional quotes:

• There is a wrong perception of Italy's government.
• Growth will allow room to create the lower deficit.
• €10 billion is the minimum amount for citizens' income.
• Budget details will go through parliament over the next few hours.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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