Meloni Loses Hope of EU Reprieve With Deficit at 3.1%
Istat said the deficit remained above the EU limit, forcing Rome to keep cutting spending and delaying an exit from supervision.
- Italy’s budget deficit was confirmed at 3.1% of GDP, exceeding the European Union’s 3% limit.
- The deficit kept Italy in the European Union’s Excessive Deficit Procedure and prevented its exit this year.
- Italy may exit the procedure in 2027.
- Italy must continue reducing its structural deficit, limiting flexibility in its 2027 budget.
81 Articles
81 Articles
A blow for Meloni is the deficit of more than 3%, in view of parliamentary elections in 2027. He is receiving severe criticism from the opposition for the austerity policy he is following. The post Italy failed to exit the excessive deficit procedure – Public deficit at 3.1% appeared first on in.gr.
The ISTAT figure confirms the lack of return below 3% and the early exit from the excessive deficit procedure fades. Giancarlo Giorgetti notes “with regret”: for the government, the goal remains 2027. Debt at 136.7% and tax burden at 42.9%. The article The deficit remains at 3.1%. Italy remains under the EU trap and comes from The Truth.
A new blow to Meloni: Italy has failed to reduce its budget deficit to the EU norm and risks being fined by Brussels, Bloomberg writes
A new blow to Meloni: Italy has failed to reduce its budget deficit to the EU norm and risks being fined by Brussels, Bloomberg writes.After reviewing the data, Italy's real GDP growth for 2025 increased to 0.6%, but the budget deficit remained at...
Published the data of the Istat: the government hoped in greater margins for the maneuver. Staying in the procedure involves the obligation to reduce the structural deficit by 0.5 points per year: what happens now
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