BUDGET

U.S. state spending exceeds $2 trillion in fiscal 2018: report

U.S. state spending exceeds $2 trillion in fiscal 2018: report

Published 15/11/2018

NEW YORK (Reuters) - U.S. state spending topped $2 trillion for the first time in fiscal 2018, with Medicaid expenditures rising the most along with [more…]

Euro zone to discuss Italy budget, despite Rome’s objection – sources

Euro zone to discuss Italy budget, despite Rome’s objection – sources

Published 26/10/2018

BRUSSELS (Reuters) - Euro zone finance ministers will discuss Italy’s 2019 draft budget at their next meeting, on Nov. 5, despite Italian requests to postpone [more…]

Italy’s PM defiant on budget, denies coalition rift

Italy’s PM defiant on budget, denies coalition rift

Published 18/10/2018

BRUSSELS (Reuters) - Italy’s prime minister on Thursday denied any division between the two parties in his governing coalition, after reports of a spat over [more…]

Trump turns attention to budget cutting after slashing taxes

Trump turns attention to budget cutting after slashing taxes

Published 17/10/2018

WASHINGTON (Reuters) - U.S. President Donald Trump, faced with a budget deficit at a six-year high, on Wednesday told his Cabinet to come up with [more…]

Italy’s Salvini says ratings agencies must be fair, rules out euro…

Italy’s Salvini says ratings agencies must be fair, rules out euro…

Published 08/10/2018

ROME (Reuters) - Italy’s Deputy Prime Minister Matteo Salvini said on Monday he hopes credit agencies show no prejudice toward Italy when they review their [more…]

Euro zone worried Italy’s deficit-boosting budget plan could revive…

Euro zone worried Italy’s deficit-boosting budget plan could revive…

Published 01/10/2018

LUXEMBOURG (Reuters) - Top euro zone officials warned Italy on Monday its plan to borrow billions of extra euros to fund spending pledges could tip [more…]

Italy finance minister seeks to reassure euro zone peers on budget

Italy finance minister seeks to reassure euro zone peers on budget

Published 01/10/2018

LUXEMBOURG (Reuters) - Italian Finance Minister Giovanni Tria said on Monday he would seek to reassure his euro zone counterparts about Italy’s budgetary plans, adding [more…]

EU Commission says will assess Italy budget plans before end of…

EU Commission says will assess Italy budget plans before end of…

Published 28/09/2018

BRUSSELS (Reuters) - The European Commission said on Friday it would assess the draft budgetary plans for all euro zone members, including Italy, in the [more…]

Morgan Stanley recommends buying Italian assets ahead of budget

Morgan Stanley recommends buying Italian assets ahead of budget

Published 10/09/2018

MILAN (Reuters) - Investment bank Morgan Stanley recommends tactically buying Italian bonds and stocks ahead of the country’s budget announcement, which it reckons will aim [more…]

New Jersey averts government shutdown with last-minute budget

New Jersey averts government shutdown with last-minute budget

Published 01/07/2018

NEW YORK (Reuters) - New Jersey Governor Phil Murphy struck a last-minute budget deal on Saturday, ending threats of a government shutdown that had raged [more…]