ILFOGLIO.IT: ITALY OPENS A BREACH IN THE EU BUT CHOOSES A BAD TIME TO TAKE ON MORE DEBT

ILFOGLIO.IT: ITALY OPENS A BREACH IN THE EU BUT CHOOSES A BAD TIME TO TAKE ON MORE DEBT

In Ilfoglio.it, economist Nicola Rossi analyses Italy’s push for greater fiscal flexibility within the EU’s economic governance framework. The article discusses the Italian government’s request for more budgetary room in the context of the ongoing Multiannual Financial Framework negotiations, warning that this comes at an inopportune moment amid rising interest rates and global macroeconomic imbalances, and stresses the need for any additional flexibility to remain strictly temporary and paired with a clear path back to fiscal discipline.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).