Italy finally addressing its debt 'obstacle' says Giorgetti
Italia
Italy is finally addressing the long-standing issue of its huge debt and is set to increase defence spending, but in a gradual way, Economy Minister Giancarlo Giorgetti said in the introduction to the government's DPFD public finance plan, which Premier Giorgia Meloni's cabinet approved on Thursday. The DPFD says Italy's deficit-to-GDP ratio should come in at 3% this year, better than the government's previous forecast of 3.3% and down from 3.4% in 2024. It said that it should drop
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