# Италија одржува состанок на буџетот во понеделникот, бидејќи Министерството за финансии има за цел дефицит од 1.6%: извештај

Italy’s economy minister is set on preventing the 2019 budget deficit from rising above 1.6% of domestic output, an Italian daily reported, adding that a meeting of top ministers on the budget would take place on Monday (17 September), writes Valentina Za.

Кориере дела сера daily reported Economy Minister Giovanni Tria would meet Prime Minister Giuseppe Conte and Deputy Prime Ministers Luigi Di Maio and Matteo Salvini to discuss the budget.

Markets are on edge over Italy’s next budget after an anti-establishment coalition rose to power in early June pledging to ramp up public spending and to unwind past deficit-curbing measures.

Курир said PM Conte was expected not to challenge a 1.6% deficit limit while it would be more difficult to appease the two deputy prime ministers.

The figure must rise to €15bn if the government wants to adopt at least some of the measures pledged by the coalition’s parties without endangering the 1.6% ceiling.

By 0716 GMT Italy’s benchmark 10-year debt costs stood at 2.91% IT10YT=RR down from 2.98% on Friday (14 September), with traders citing Tria’s commitment to keeping the deficit under control.

Italy already has a debt of 132% of gross domestic product, the second highest in the eurozone, and feeding that with a high deficit would fuel market concern about its ability to repay.

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