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ROME, Oct. 30 (Xinhua) -- Italian Upper House approved an amended draft budget for 2015 on Thursday, which provided a 0.3 percent cut to the country's structural deficit.

The adjustment to the budget was introduced by Italy's cabinet to avoid a possible rejection by the European Union (EU) Commission Pittsburgh Pirates Hats , a week after the executive body had asked Italy to clarify why its financial plan for next year did not comply with EU goals of debt reduction.

The draft budget was therefore revised by Prime Minister Matteo Renzi's cabinet in latest days and submitted again to Italian Senate, which passed it with 165 votes in favours and 90 votes against.

The 2015 financial plan now contains additional measures worth 4.5 billion euros in order to decrease the deficit to 2.6 percent of gross domestic product (GDP) from the 2.9 percent previously planned.

Such a reduction in the ratio of the country's deficit to its GDP appeared a "compromise" between the 0.1 percent originally planned by Italian cabinet and the 0.5 percent suggested by the EU.

The additional measures to the budget were outlined by Economy minister Pier Carlo Padoan on Monday. The minister explained the 4.5 billion euros adjustment would be partially covered by "allocating to deficit reduction the fund originally set for lowering the tax burden" for 3.3 billion euros overall.

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