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Italian government cuts growth forecast significantly

Within the Euro zone, Italy is the third-largest economic power, the growth, but at the end of the light. The government expects that in 2019, only with a Mini-Plus and is expected to have contributed their part.

The Italian government has reduced for the current year its growth forecast dramatically. The Cabinet of Ministers adopted the so-called economic and financial document, the financial objectives are set. Accordingly, only a minimal growth of the economy is expected to output (GDP) by 0.2 percent. Previously, the forecast for this period was 1.0 percent.

For the current year, expects the government in Rome, with a budget deficit of 2.4 percent of economic output. You had committed to the EU-Commission, however, a deficit of 2.04 per cent to be observed. With reference to the EU-Commission's "negotiated flexibility" don't expect the government to violate the EU rules.

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