Italy plans to cut budget deficit to 2 percent in 2021 - Corriere della sera

The draft of Italy's budget plan says the nation plans to cut its budget deficit to 2 percent in 2021, according to Italian daily newspaper Corriere della sera. 

Key points

• Government is forecasting a deficit of 2.4% of GDP for 2019 and 2.2% for 2020
• Italy is planning to control the deficit via spending cuts due to pressure from the EU