(Bloomberg) -- Italy now faces a widening deficit and a jump in debt next year, according to European Union forecasts that conflict markedly with the rosier ...
-- Italy now faces a widening deficit and a jump in debt next year, according to European Union forecasts that conflict markedly with the rosier outlook of Premier Giorgia Meloni ’s government.OpenAI Chief Scientist Ilya Sutskever Is Leaving the Company
Both the outlooks of the Commission and the Treasury incorporate an assumption of current government policies because of the shift to a new timetable for assessment of budgets. One test after that ballot will come when the Commission issues recommendations later that month to countries whose deficits exceed 3% — a category that Rome itself anticipates Italy to fall within until at least 2026.The Meloni government has tried to pursue a path of fiscal restraint accompanied by mild loosening, and acted quickly last year to limit a generous home-renovation measure that has cast a long shadow over its public finances.
The spread between Italy’s bonds and German equivalents, a key measure of risk in the region, narrowed earlier in 2024 to a two-year low.
Bloomberg European Union European Commission Italy Government Policies The Commission Percentage Point Meloni Government
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Italy’s Finances Seen by EU as Much Bleaker Than Meloni ReckonsItaly now faces a widening deficit and a jump in debt next year, according to European Union forecasts that conflict markedly with the rosier outlook of Premier Giorgia Meloni’s government.
Read more »
Platinum deficit to widen in 2024; supply constraints and steady demand set to propel marketThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Aramco to Pay $31 Billion Dividend as Saudi Posts Budget DeficitAramco will pay $31 billion in dividend to the Saudi government and other investors despite lower profit, as the kingdom’s economy continues to struggle with a budget deficit.
Read more »
There is no platinum deficit, just declining pricesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Avs erase 3-goal deficit in Game 1, top Stars in OTExplore stories from Atlantic Canada.
Read more »
‘Precipitation deficit’: rivers recede as B.C. feeling ongoing drought trendRivers across the province running narrower and shallower than this time last year
Read more »