Italy commits to a responsible budget policy under EC scrutiny amid a record 7.4% 2023 deficit.
Italy vows a responsible budget policy after the European Commission proposed disciplinary budget steps against Rome alongside six other countries due to their high fiscal gaps. Economy Minister Giancarlo Giorgetti stated that Italy will adopt a responsible approach to its budget policy as it faces close market scrutiny. Italy's 2023 deficit reached 7.4% of GDP, the highest in the eurozone.
June 19, 2024
6 Articles