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EU concerned by Italy's budget gaps for next 3 years

EU concerned by Italy's budget gaps for next 3 years
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The European Commission has told Italy it is concerned at its budget deficit plans for the next three years since they breach what the EU asked the country to do in July, but Rome insisted on Saturday it would "not retreat" from its spending plans. In a letter to Italy's economy minister Giovanni Tria, the Commission said that with a planned headline deficit of 2.4 per cent of GDP in 2019

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