Italy should rethink its budget
goals in light of lower-than-expected growth, European
Commission Vice President for the Euro Valdis Dombrovskis told
Bloomberg TV Tuesday.
The negative trend in the Italian economy "is another reason
that the Italian government should rethink its budget targets,
ensuring a descent of both the deficit and the debt," he said.
The EC last month slashed its 2019 Italian growth forecast to
0.2% from 1.2% in its autumn forecasts but the Italian
government is sticking by its revised forecast of 1% this year.
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