Goldman says Italy unlikely to back down from budget plan.
Global Banking News-November 7, 2018--Goldman says Italy unlikely to back down from budget plan
(C)2018 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 07 November 2018
Analysts at Goldman Sachs (NYSE: GS) have said that it would take more pressure from the market to force Italy to drop its spending plans as outlined in its recent budget.
After the government's first budget proposal for 2019 was rejected by the European Commission, the nation had reiterated that it would not reduce its spending plans by next Tuesday's deadline.
Euro zone...
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