The Italian national flag flies from the Quirinale palace, the office of Italy’s president, in Rome, Italy. (Photographer: Alessia Pierdomenico/Bloomberg)  

Italy Cuts 2019 Deficit Goal to 2% in Bid to Avoid EU Censure

(Bloomberg) -- Italy’s populist government lowered its 2019 budget deficit in a bid to avoid European Union sanctions for failing to rein in debt, pushing bond yields to the lowest in a year.

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