Exclusive: Italy sees 2020 budget deficit near 10% of GDP - source

ROME (Reuters) - Italy's budget deficit will be near 10% of gross domestic product this year, a senior government official told Reuters, as Rome increases borrowing to try to soften the impact of the new coronavirus and the economy plunges into a deep recession.The government began the year with a target of a 2.2% deficit this year after the 1.6% reported in 2019, which was the lowest in 12 years. But those plans have been upended by the virus outbreak.The last time Italy registered a..