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Italy Poised to Exit EU Deficit Procedure by 2026

9/2/2025

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Summary

Story summary

Italy is close to exiting the EU's excessive deficit procedure, with a projected budget shortfall of 3% of GDP.
Economy Minister Giancarlo Giorgetti anticipates a deficit below 3% by 2025, enabling an early exit in 2026.
An update on Italy's economic forecasts and targets is expected this month.

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Story summary

Italy is close to exiting the EU's excessive deficit procedure, with a projected budget shortfall of 3% of GDP.
Economy Minister Giancarlo Giorgetti anticipates a deficit below 3% by 2025, enabling an early exit in 2026.
An update on Italy's economic forecasts and targets is expected this month.