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Italy May Seek EU20b for Budget Measures for Next Yr: Repubblica 2014-08-03 15:56:27.618 GMT
By Chiara Remondini Aug. 3 (Bloomberg) -- Italy’s 2015 deficit to GDP ratio target may be increased to 2.3%, daily la Repubblica reports, citing comments by PM Matteo Renzi last week. * 2015 target may be raised even further, staying below 3% level (current target 1.8%), Repubblica says, without citing anyone * EU20b to come from measures incl. spending review, lower borrowing costs * NOTE July 12: Italy Govt Seeks EU12b of Spending Cuts for 2015: La Stampa NSN N8LCKG6JTSE8 <GO> * NOTE July 29: Italy Borrowing Costs Drop to Record at Six- Month Bill Sale NSN N9GVGS6JIJV2 <GO>
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To contact the reporter on this story: Chiara Remondini in Milan at +39-02-8064-4241 or cremondini@bloomberg.net To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net