The Limited Times

Now you can see non-English news...

Fitch, the future of Italian debt is entrusted to growth

2020-10-09T19:20:52.280Z


The favorable financial conditions ensured to Italy by the ECB with the launch of the Pepp program "allowed Italy to secure interest rates" and therefore "a relatively strong economic recovery will be essential to stabilize and ... (ANSA)


(ANSA) - ROME, OCTOBER 09 - The favorable financial conditions assured to Italy by the ECB with the launch of the Pepp program "allowed Italy to secure interest rates" and therefore "a relatively strong economic recovery will be essential to stabilize and lower public debt compared to GDP ". The rating agency Fitch writes in a report on Italy, which sees growth recovering slower than the government's estimates, "leaving GDP at the end of 2022 two percentage points below its pre-crisis levels".


   (HANDLE).


Source: ansa

All life articles on 2020-10-09

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.