Italy’s deficit remains at 3.1%, delaying an early exit from the EU infringement procedure

What is happening

According to the reported Istat figures, Italy’s deficit remains at 3.1%. The deficit worsened by €355 million despite the upward GDP revision. The anticipated early exit from the EU procedure is therefore fading, and the return is expected to be delayed until 2027.

Why is it on the Radar?

The figures affect the timing of Italy’s exit from the EU procedure. The treatment of the energy-and-defence clause remains an outstanding issue.