The new deficit target would be three times the 0.8 per cent borrowing goal set by the previous centre-left administration, sparking EU fears. The pound was trading flat against the euro this morning at a rate of €1.140, the same highs the currency saw yesterday, according to Bloomberg.
from Pocket https://www.express.co.uk/finance/city/1028796/Pound-euro-exchange-rate-gbp-eur-sterling-latest-price-rate-Italy-budget-EU
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