IMF: Sees Italian fiscal deficits at 2.66% of GDP in 2019
|"Italy's planned fiscal stimulus will leave Italy vulnerable, may reduce growth in medium-term if elevated sovereign debt yield spreads persist," the IMF said in a recently published report.
Key quotes (via Reuters)
- Sees Italian fiscal deficits at 2.66% of GDP in 2019, 2.8-2.9% of GDP in 2020-2021 with stimulus.
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