Italy Remains Under EU Deficit Procedure After 2025 Data
Italy reported a 3.1 percent budget deficit for 2025 today, exceeding EU limits. The government is also lowering growth forecasts due to rising energy costs.
Xurve View
Xurve View
Italy recorded a budget deficit of 3.1% of its gross domestic product (GDP) for 2025, according to data released by the statistics bureau ISTAT. While this figure represents a decrease from the 3.4% recorded in 2024, it remains above the European Union's 3% ceiling, dashing the government's hopes for an early exit from the bloc's disciplinary procedure for excessive deficits.
