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Italy's Tria says EU forecasts are inaccurate, incomplete

Reuters  |  ROME 

(Reuters) - Italian on Thursday condemned latest economic forecasts for Italy, which were worse than Rome's own data, saying the EU analysis was wrong and limited.

"The European Commission's forecasts for the Italian deficit are in sharp contrast to those of the and derive from an inaccurate and incomplete analysis (of the budget)," said in a statement.

The Commission forecasts said the Italian budget would push the deficit to 2.9 percent of in 2019, rather than 2.4 percent seen by Italy, and to 3.1 percent in 2020, rather than fall to 2.1 as predicted.

(Reporting by Crispian Balmer, editing by Giulia Segreti)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 08 2018. 18:14 IST