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Italy to ask EU for 0.6% GDP deficit leeway in 2027
Original: NEW: Italy to ask EU for deficit leeway worth 0.6% of GDP in 2027 — budget document shows
Italy plans to ask the European Union for additional deficit flexibility worth 0.6% of GDP in 2027, according to a government budget document. The request would give Rome more room under EU fiscal rules, and is likely to draw scrutiny from Brussels and eurozone partners over Italy's debt levels and budget plans.
Why now: Newly reported budget documents reveal Italy's plan to seek exceptional deficit leeway, a politically sensitive move under EU fiscal rules.
Evidence
- NEW: Italy to ask EU for deficit leeway worth 0.6% of GDP in 2027 — budget document shows · News_crypto · 65
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