The €28 billion additional borrowing package approved by Giorgia Meloni's government for defense and energy sectors has brought concerns about Europe's debt crisis to Italy. Goldman Sachs predicts that high interest rates and widening budget deficits could push the country's debt-to-GDP ratio to 137% by 2028.
The budget that the Meloni government will present contains expenditures that could put the debt-to-GDP ratio on track to become the highest in Europe.