Bank of Italy Says Deficit Above 3% Could Delay EU Budget Procedure Exit
Italy's plan to keep its budget deficit above 3% of GDP in both 2027 and 2028 could negatively affect its exit from the EU's infringement procedure, the Bank of Italy said Monday.
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03:05:31 PM UTC
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Deficit above 3% of GDP could affect Italy's exit from EU budget procedure, central bank says
The Bank of Italy said on Monday that Italy's plan to keep its budget deficit above 3% of GDP in both 2027 and 2028 could hinder the country's exit from the European Union's infringement procedure.