Bank of Italy says govt 2015 budget short 14.3 bn

Renzi's '80 euro bonus' endangers deficit target

(ANSA) - Rome, May 30 - The Bank of Italy on Friday said the Italian government must find an additional 14.3 billion euros in next year's budget to cover Premier Matteo Renzi's signature tax bonus - equal to 80 euros per month for low earners - if it wants to maintain deficit reduction targets.
    The Bank of Italy's calculations were based on the government's estimated budget for 2015, which foresees up to 17 billion euros of savings through spending cuts.
   

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