Italy Blames Bureau Over Deficit

Italy has criticized its national statistics bureau after it reported that Rome missed its 2025 public finance target. Prime Minister Giorgia Meloni questioned the data accuracy, while critics accused the government of avoiding blame.

Italian Finance Minister Giancarlo Giorgetti reacts ahead of a G7 finance ministers and central bank governors meeting in Paris, France, May 18, 2026. REUTERS/Tom Nicholson

Italy's government criticized national statistics bureau ISTAT on Tuesday after a reported budget deficit of 3.1% of GDP for last year. The figure breaches the European Union's 3% limit and triggers an excessive deficit procedure. Prime Minister Giorgia Meloni questioned the agency's data compilation, claiming it works against government performance.

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