(ANSA) - ROME, MAY 05 - Coronavirus mutations and the trend of infections "indicate an endemic, non-temporary threat" which is associated with the risk of financial turbulence in the medium term. "For emerging countries, all this could create increasing difficulties in management public debt.
This is explained by a G30 report on sovereign debts.
Lawrence Summers, co-chair of the G30 Working Group, warns that without taking the necessary measures to deal with future shocks, the risk is that debt problems will not be resolved in an orderly manner , "with consequences in the order of hundreds of billions of dollars, if not thousands". (ANSA).