- EU will let Italy increase deficit if it helps economy - deputy PM
Market news
25 June 2019
EU will let Italy increase deficit if it helps economy - deputy PM
The European Union will allow Italy to increase its deficit if it helped the country's economy, Deputy Prime Minister Luigi Di Maio was quoted as saying on Tuesday as Rome is facing a budget tussle with Brussels.
Di Maio, who leads the ruling 5 Star Movement, added that he was confident his government partner, the League party, had a clear idea on how to cover its tax cut plan.
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