June 29, 2018 / 9:42 AM / 9 months ago

Italy can make budget correction this year if necessary - official

ROME (Reuters) - Italy can make a budget correction this year if it is needed, an economy ministry official said on Friday without elaborating.

The European Commission has asked Italy to lower its structural deficit - adjusted for the business cycle and one-off items - by an additional 0.3 percentage points of gross domestic product this year.

“If a budget correction is necessary, we obviously will be able to do it,” Laura Castelli, a deputy economy minister, said in an interview with RAI state television.

Reporting by Steve Scherer

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