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Italy's Di Maio: Govt happy with deficit cut but warns on growth

In an interview with the Italian newspaper Il Fatto Quotidiano, the country’s Deputy Prime Minister Luigi Di Maio said that his government was pleased that the budget deficit target could be lowered, Reuters reports.

Key Headlines:

“We are happy to be able to lower the deficit.” 

Asked about the economic growth target of 1.5 percent set for 2019, Di Maio said, “the only reason to come down from 1.5 percent could be linked to the slowdown in the last part of (this) year, caused mainly by exports.”

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