Italy's Polillo on Revenue, Deficit Goal (Italian)

Italy's Polillo on Revenue, Deficit Goal (Italian) Play

Jan. 18 (Bloomberg) -- Italian Finance Undersecretary Gianfranco Polillo talks about the government's concerns about revenue collection in 2013 and Italy's required budget measures in order to meet its deficit targets. Polillo, speaking with Bloomberg's Flavia Rotondi in Rome, said Italy may need at least 9 billion euros ($12 billion) in additional budget measures this year to meet its targets as the worsening recession hurts tax revenue and fuels unemployment costs. (This report is in Italian. Source: Bloomberg)

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