Italy forecasts 2026 budget deficit at 2.8 percent
Italy plans to maintain a 2.8 percent budget deficit this year even as growth projections fall to 0.5 percent due to rising energy costs and global tension.
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Italy is set to confirm a budget deficit target of approximately 2.8% of gross domestic product for 2026, even as the nation navigates a period of slowing economic growth and heightened international tension. The government is expected to release its multi-year budget framework on Wednesday, providing updated forecasts for the country's financial trajectory through 2027.
