Monday , October 14 2019
Home / Tag Archives: italy budget

Tag Archives: italy budget

A truce between Rome and Brussels

For now, Italy has avoided Brussels' Excessive Deficit Procedure. But tensions are set to rise again in the autumn when Italy presents its 2020 budget package.In its mid-year budget revision, the Italian government lowered its 2019 deficit target. The government pointed to better-than-expected revenues for this revision, including tax revenues that were EUR3.5bn higher than expected and an additional EUR2.7bn in other revenues (including dividends from state-owned companies). Furthermore,...

Read More »

A truce between Rome and Brussels

For now, Italy has avoided Brussels’ Excessive Deficit Procedure. But tensions are set to rise again in the autumn when Italy presents its 2020 budget package. In its mid-year budget revision, the Italian government lowered its 2019 deficit target. The government pointed to better-than-expected revenues for this revision, including tax revenues that were EUR3.5bn higher than expected and an additional EUR2.7bn in other...

Read More »