Italy eyes budget gap around 10% of GDP in 2020, above 3% in 2021 -source

ROME (Reuters) - Italy will target a budget deficit of around 10% of national output in 2020, and the gap will remain above 3% in 2021, a senior official said, as it readies a new stimulus package to soften the economic impact of the coronavirus crisis.Until the outbreak, 3% of gross domestic product was the limit for European Union countries under the bloc's budget rules. The EU has suspended this threshold to allow its members to spend more to fight the pandemic.Italy, which has been one of..