According to a Lega official
Italy's budget meeting yesterday reached a conclusion of a 2.4% budget deficit target and that continued to weigh on the euro as well as Italian assets. The unveiling yesterday was just the draft of the fiscal plans/measures that the government will move forward with ahead of the presentation of the budget proposal to the EU on 15 October.
Although it's not the final budget number - may still be changed up until the proposal - I don't expect them to deviate much, if at all, from the 2.4% target "agreed" upon yesterday.
