Italy's Treasury is said to have cut its 2020 deficit to GDP target (to 10.8% from prior 11.9%)

The prior target was set only as recently as August.

Reuters reporting the chatter.

Further ahead it says Italy is to set the deficit target at 4.7% in 2022 and 3.0% in 2023.

On GDP itself:

• 2020 target -9.0%, from -8.0% (set in April) 2021 6.0%