January 26, 2018 / 2:13 PM / a month ago

Italy's 5-Star says will respect EU's 3 pct deficit limit

ROME, Jan 26 (Reuters) - The anti-establishment 5-Star Movement said on Friday that if it wins power at Italy’s March 4 election it will respect the European Union’s budget deficit limit of 3 percent of gross domestic product, reversing its previous stance.

Five-Star’s leader Luigi Di Maio had repeatedly said the party would exceed the limit in order to fund public investments.

Reporting By Gavin Jones

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