Italy's economy has stalled abruptly over the summer and the industrial sector is on the cusp of outright recession, threatening to drive the country's knife-edge debt dynamics into dangerous territory.The sudden slowdown comes...

The League, one half of the populist coalition running Italy, aims to send a reassuring message about its spending plans and is discussing a 2019 deficit below 3 percent of GDP, according to a senior party official.

Italy’s political leaders begin discussing the 2019 budget in earnest on Tuesday with investors monitoring for signs of just how far they’ll push the European Union’s budget rules.

Italy’s budget will calm investor nerves when it’s unveiled in the coming weeks, Finance Minister Giovanni Tria said amid rising borrowing costs and the threat of a ratings downgrade.

Governments have until mid-October to send draft budgets to the European Commission 

Emerging markets aren’t the only ones with fundamental weaknesses.