Italy Confirms 2025 Budget Deficit of 3.1 Percent
ISTAT confirmed Italy's 2025 deficit at 3.1 percent, missing the EU's 3 percent target. The result keeps the nation under an excessive deficit procedure.
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Italy's statistics bureau ISTAT confirmed on Wednesday that the national budget deficit stood at 3.1% of gross domestic product in 2025. This official notification to the European Commission matches previous estimates and complicates the government's efforts to move beyond the European Union's excessive deficit procedure. While the 3.1% figure is a decrease from the 3.4% recorded in 2024, it remains marginally above the bloc's 3% limit.
