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The European Union (EU) represents a unique and powerful economic force, collectively holding the position of the ...
Italy began 2023 in a better-than-expected economic and fiscal position but its high public debt, slowing growth and higher interest rates weaken debt sustainability.
08/04/2023August 4, 2023 Cuts to a poverty relief scheme and Italy’s recent economic contraction may pose political challenges for Prime Minister Giorgia Meloni.
If the IMF’s projections were realized, it would leave Italy’s public-debt-to-GDP ratio about 30 percentage points higher than that which triggered Italy’s last sovereign debt crisis in 2012.