Italy (rated BBB+/Negative Outlook) is relying on public investment to revive longer-term growth after the pandemic, but expansionary fiscal policy resting on somewhat optimistic growth assumptions inevitably raises questions with respect to debt sustainability longer term.
Italy: Fiscal Prudence Requires Attention Even as Draghi Investment Plan Critical to Reviving Growth
2021-04-28T00:00:00-04:00April 28th, 2021|
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