Deficit above 3% of GDP could affect Italy's exit from EU budget procedure, central bank says

01 THE MACHINE READ

WHY IT MATTERS.

A central bank warning that a deficit above 3% of GDP could complicate Italy's EU budget exit raises sovereign-spread risk.

02 THE STORY SO FAR

THE RECORD, IN ORDER.

STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.

03 WHO'S INVOLVED

ENTITIES ON FILE.

04 RECEIPTS

THE SOURCE RECORD.

05 PROPAGATION

WHAT THIS TOUCHES.