ROME, Sept 10 (Reuters) - Italy's new ruling coalition plans to raise the 2020 budget deficit target to around 2.3% of economic output, up from 2.04% this year and sharply higher than the current 2020 goal of 2.1%, three political sources told Reuters.
The plan of the anti-establishment 5-Star Movement and the centre-left Democratic Party (PD) would bring the budget shortfall very close to the 2.4% level that almost triggered a European Union disciplinary procedure against Italy this year.