Saturday, 29 September 2018

Italy's populists challenge EU with plans to boost deficit

By Gavin Jones and Steve Scherer ROME (Reuters) - Italy's populist government brushed off protests from its own economy minister to back a significant rise in deficit spending next year, spooking financial markets and setting up a battle with Brussels. After tussling with Economy Minister Giovanni Tria for weeks, the four-month old government on Thursday proposed a 2019 deficit that is, at 2.4 percent of gross domestic product (GDP), three times the previous administration's target

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