Italian PM upbeat on EU deal prospects ahead of budget votes


  • World
  • Monday, 03 Dec 2018

FILE PHOTO: Italian Prime Minister Giuseppe Conte holds a news conference on the final day of the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. REUTERS/Agustin Marcarian/File Photo

ROME (Reuters) - The Italian parliament begins voting this week on the government's contested 2019 budget, with Prime Minister Giuseppe Conte optimistic that a deal can be agreed with the European Commission.

Italy says the expansionary draft budget - in which the deficit is forecast to rise to 2.4 percent of GDP in 2019 from 1.8 percent this year - is needed to prevent a chronically sluggish economy from tipping into another recession.

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