Italian Debt More Than Twice EU limit, Risk EU Imposes $4 Billion Penalty

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #20758
    Helmholtz Watson
    Participant

    Right on the heels of Matteo Salvini’s Lega…

    [article]1334[/article]

    #20783
    Helmholtz Watson
    Participant

    Italy’s Finance Minister Tria:

    Confident on 2019 targets agreed with EU
    Deficit will be lower than targeted this year
    Italy Parliament committed to 2020 fiscal targets
    Boosting growth better than fiscal adjusted acceleration

    #21213
    Truman
    Participant

    Bank of Italy economic Forecasts

    Forecasts Italian GDP 0.1% 2019, 0.8% in 2020 and 1% in 2021
    See gross NPL ratio for Italian banks under ECB supervision at 8.4% Q1 2019 from 8.3% in Q4 2018

    Says negative balance on the target2 payment system has narrowed since start of year
    Industrial production probably fell around -0.7% QoQ in 2Q

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.