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European Commission To Reject Italy’s Draft Budget On Tuesday
And so, the Italian saga continues.
On Sunday, Reuters reported that the Italian government now expects the E.U. to ask the country to revise its draft budget. "Economy Minister Giovanni Tria and Prime Minister Giuseppe Conte unsuccessfully pushed for a reduction of the 2019 deficit target at a cabinet meeting on Saturday", Reuters says, citing a source close to the negotiations.
This was largely expected, but it certainly won't do anything to shore up flagging sentiment in the country's equit
Great post ðŸ˜