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Meloni Faces Worsening Italian Budget Deficit for This Year

(Bloomberg) Giorgia Meloni’s government will confront drastically worsening budget figures when coalition leaders meet later on Wednesday, adding pressure to her options on how to bolster finances.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teard

Spain election: political gridlock after Pedro Sanchez and Alberto Nunez Feijoo unable to seal majority

Deadlock from weekend national elections leaves the EU’s fourth-largest economy in limbo and opens the door to weeks of negotiations to form government.

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