News Headline Summary
Italian PM Monti reiterates structural balanced budget in 2013
Analysis details (00:48)
- Last week the EC noted it sees Italy's structural deficit narrowing to 1.4% of GDP in 2012 and 0.4% in 2013.
- However less than impressive GDP may undermine the government's attempt to meet these targets. This year's budget deficit is expected to be 0.9% of GDP in structural terms.
12 Nov 2012 - 00:41
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