Italy to meet Monday evening to discuss potential deficit goal reduction: source

ROME (Reuters) – Italy’s government will meet on Monday evening to discuss a potential reduction of its deficit goal, a government source said, in a move that could open negotiations between Rome and Brussels to avoid a disciplinary procedure against Italy.

Rome risks being put under a disciplinary procedure by European partners after it presented an expansionary 2019 budget, revising up fiscal targets compared with goals agreed by the previous government.

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