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Tag Archives: Italy’s debt to climb as economy stalls

Italy’s debt to climb as economy stalls, shedding jobs: EU


May 8, 2019

BRUSSELS: Italy’s huge debt pile is expected to rise this year as the country’s economy limps along, the European Commission (EC) said on Tuesday in quarterly forecasts that could reignite a dispute with Rome over its budget. Brussels marginally cut its 2019 growth outlook for Italy to 0.1 per cent from an already gloomy 0.2pc. The economy expanded 0.9pc last …

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