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Bank of Italy: sustainable debt but more risks in the future

2020-11-21T22:28:44.259Z


"Also in consideration of the temporary nature of the expansionary fiscal measures, the Italian public debt remains sustainable; its permanence at high levels may however determine in perspective the exposure to risks deriving from tensions on ... (ANSA)


(ANSA) - ROME, NOVEMBER 20 - "Also in consideration of the temporary nature of the expansionary budget measures, the Italian public debt remains sustainable; its permanence on high levels may, however, determine in the future exposure to risks deriving from tensions on financial markets or new shocks macroeconomic ".


    The Bank of Italy writes this in its Financial Stability Report. "A path of reduction is possible by ensuring the combination of relaxed financing conditions, effective measures to support growth (among which Bank of Italy encourages a prudent use of the European recovery fund) and a gradual budget adjustment consistent with the macroeconomic framework". (HANDLE).


Source: ansa

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