As a result of austerity measures passed in December 2010, Italy is targeting a public budget deficit of 3. 9 % in 2011 and 2. 7 % in 2012, both among the lowest in the European Union.
As a result of austerity measures passed in December 2011 ( Save Italy ), Italy is targeting a public budget deficit of 1. 5 % in 2012 and 0. 1 % in 2013.
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