EU cuts Italian growth forecast, sees jump in deficit, debt stable

BRUSSELS (Reuters) - The European Commission forecast on Thursday the Italian economy would grow more slowly in the next two years than Rome thinks, making government budget deficits much higher than assumed by Italy while public debt would be stable rather than decline.The forecasts underline the Commission's view, backed last Monday by all euro zone finance ministers, that Italy's 2019 draft budget blatantly breaks European Union fiscal rules, which call for annual reductions in deficit and..