Italy's Conte seeks EU leaders' backing on revised budget
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BRUSSELS (Reuters) - Prime Minister Giuseppe Conte sought to convince European Union leaders on Friday that his offer to cut Italy's deficit target for next year should make an EU disciplinary procedure unnecessary.Conte has said he is ready to cut the headline deficit to 2.04 percent of output from 2.40 percent, and hopes to reach agreement with the EU executive, the Commission, on Monday.Conte met German Chancellor Angela Merkel on Friday on the sidelines of the EU summit in Brussels,..