Italy Shaking Stock Markets

ROME (Reuters) - Italy’s new government proposed a 2019 budget with a deficit three times bigger than the previous administration’s target, setting up a clash with the European Commission and sparking a sell-off of state bonds. FILE PHOTO: Italian Economy Minister Giovanni Tria attends as Prime Minister Giuseppe Conte (unseen) speaks during his first session at the Lower House of the Parliament in Rome, Italy, June 6, 2018.