Italy government raises 2026 budget deficit to GDP to 2.9% (prev. 2.8%)
Italy's government has raised its 2026 budget deficit target to 2.9% of GDP from 2.8%, coupled with a downward revision of GDP growth to 0.6%.
Boeing Company (BA) Q1 2026 (USD): Adj. EPS -0.20 (exp. -0.65), Revenue 22.2bln (exp. 22.00bln), Adj. FCF -1.45bln (exp. -2.61bln).
ECB's Stournaras says between ECBs baseline and adverse scenario regarding energy prices
Italy government raises 2026 budget deficit to GDP to 2.9% (prev. 2.8%)
Tencent (TCEHY) and Alibaba (BABA) are in talks to invest in DeepSeek, The Information reports
ECB's Kocher says will discuss data until the upcoming council meeting, it is still too early to say what will be decided
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Cuts 2026 GDP growth forecast to 0.6% (prev. 0.7%) due to Middle East conflict.
- Economy Minister says nation could tap the national escape clause to renegotiate deficit goals with the EU.
This adjustment, influenced by external factors like the ongoing Middle East conflict, indicates potential strains on fiscal policy and may prompt negotiations with the EU to adjust deficit targets, highlighting risks to economic stability in the region.
Related headlines
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 8 hours ago
- Newsquawk European Market Wrap - 8th September 202615 hours ago
- South African GDP Growth Rate (Q2 QQ) -0.2% vs. Exp. -0.1% (Prev. 0.5%)20 hours ago
- South African GDP Growth Rate (Q2 YY) 0.9% vs. Exp. 1.2% (Prev. 1.9%)20 hours ago
- [MARKET ANALYSIS] JPY continues to advance, benefiting from domestic data; USD mildly firmer20 hours ago
- South Korean GDP Growth Rate Final (Q2 QQ) 0.6% vs. Exp. 0.6% (Prev. 1.8%)1 day ago
- South Korean GDP Growth Rate Final (Q2 YY) 3.7% vs. Exp. 3.7% (Prev. 3.6%)1 day ago
- European GDP Growth Rate 3rd Estimate (Q2 YY) 1.2% vs. Exp. 1% (Prev. 0.5%)1 day ago
- European GDP Growth Rate 3rd Estimate (Q2 QQ) 0.6% vs. Exp. 0.4% (Prev. -0.2%)1 day ago
- Newsquawk Daily European Opening News - 7th September 20261 day ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 4 days ago
- Newsquawk Daily Economic Releases - 7th September 20264 days ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd7 hours ago
- European Commission signalled greater willingness to consider large corporate mergers, with top competition official Whelan noting that deals which help companies scale up and innovate will get a closer hearing, according to FT1 day ago
- Japanese Finance Minister Katayama says will bolster efforts to secure funding for consumption tax cut on food, adds will communicate fully with markets and public to gain credibility in our fiscal policy1 day ago
- China unveils a plan to strengthen rural investment and will boost rural revitalization investments to boost agricultural productivity, while it will enhance bond and credit support for qualified agricultural initiatives2 days ago
- UK recruiters saw hiring pick up for the first time in four years in August, according to FT citing a survey by KPMG and the Recruitment and Employment Confederation2 days ago
- US Treasury Secretary Bessent says that jobs data show that economy is not just being driven by the AI boom4 days ago
- Japanese GDP Price Index Final (Q2 YY) 2.6% vs. Exp. 2.6% (Prev. 3.2%)1 day ago
- Japanese GDP Private Consumption Final (Q2 QQ) 0.0% vs. Exp. 0% (Prev. 0.3%)1 day ago
The whole workspace, free to try.
Try it free