The Italian government expects the country's gross domestic product (GDP) to grow just 0.1 percent this year, down from a 1 percent expansion forecast in December, Il Sole 24 Ore daily reported on Wednesday.
A planned package of measures designed to lift economic growth could boost this year's GDP to 0.2 percent, the paper said, allowing the government to submit to the European Commission a revised deficit-to-GDP target of 2.3 percent.
That compares with a 2.04 percent deficit forecast in Italy's 2019 budget law.