Italy’s Public Finances: that Decimal Does Not Erase the Government’s Consolidation
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Italy’s public finances: that decimal does not erase the government’s consolidation
The deficit has fallen to 3.1%, but Italy remains above the European threshold, delaying its exit from the excessive deficit procedure. For Carlo Stagnaro of the Istituto Bruno Leoni, missing the target by a tenth of a percentage point matters mainly on a symbolic level: the real issue is the trajectory of the public finances, the legacy of the Superbonus and the government’s ability to continue reducing the deficit without constraining the scop…
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ROME (ITALPRESS) "It's a pity, but it doesn't change the trajectory of deficit reduction and exit from the procedure that was already originally planned for 2027. We would have liked to anticipate it to 2026 to have a little more room for expansion for maneuvering, it was not possible to "get out."
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