italianeconomy
The International Monetary Fund (IMF) has issued a stern warning to Italy, highlighting the need for swift and decisive fiscal reforms to address its escalating public debt. In its concluding statement following the 2024 Article IV consultation mission to Italy, the IMF noted that Italy's economy has demonstrated resilience by recovering from the dual impacts of the pandemic and rising energy prices. This recovery has been largely driven by a resurgence in tourism and substantial policy support. The IMF mission, led by Rachel van Elkan, also stressed the urgent need for Italy to implement fast...
Euronews (English)
There's perhaps no better example of a 'soft landing' than the current state of the Italian economy. While Italy’s economic activity has significantly decelerated from the elevated post-pandemic growth rates observed in 2021 and 2022, it has done so just enough to effectively ease inflation without triggering a recession. Essentially, it has achieved a delicate balance, something central bankers have long aimed for when dealing with high price pressures. Bank of England holds rates steady, inflation set to drop Energy prices push Spanish inflation higher in March: Cause for ECB concern?Poland'...
Euronews (English)
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