The panic following the announcement of Italian official deficit target of 2,4% for 2019 was followed by the expression of political criticism, at home and abroad.
The budget crisis
The Italian government announced on Thursday evening that it would aim for a 2019 budget deficit of 2,4%, triggering a market panic. 2,4% is treble the official deficit target set by the previous Italian centre-left government in spring (0,8%).
Until Thursday evening, the Minister of the Economy Giovanni Tria was ...

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