The War Falls on Accounts and Pil, for Giorgetti: 'We Can Absorb Shock'

ANSA

Center

Factuality

Ownership

The minister calls for an answer from the EU. Moody's: 'Italy holds but there are risks' (ANSA)

Aktuality.sk

Factuality

Ownership

Italy's public finances are able to absorb the negative impact of the Middle East crisis, Economy Minister Giancarlo Giorgetti said at a weekend financial conference in the town of Cernobbio. "We are facing this crisis from a position of relative strength, because although the data from our economy are not exceptional, they are certainly positive (...). Public finances are currently in a position to absorb the shock of the war in Iran," the head…

agenzianova.com

Factuality

Ownership

We are facing this crisis and this challenge "from a position of relative strength because the numbers and fundamentals of our economy are not exceptional but are certainly positive. Public finances are currently capable of absorbing this shock" resulting from the Gulf War. This was stated by the Minister of Economy and Finance, Giancarlo Giorgetti, speaking via video link at the workshop "The Economic and Financial Outlook" in Cernobbio.