Italy: Focus on growth – Danske Bank

The big event today will be Italy publishing growth, debt and deficit projections for 2019, suggests the research team at Danske Bank.

Key Quotes

“We expect 2019 to land somewhere between 2.0-2.4% of GDP, i.e. not violating EU rules. The budget is likely to include some kind of tax reforms and citizen income, but policies are likely to be phased in only gradually or implemented by tweaking some already existing schemes in order to avoid the deficit breaching EU rules.”