S&P says spending on Milano-Cortina limited, no effect on debt
Italia
S&P Global Ratings said in report on Tuesday that Italy was delivering Milano-Cortina 2026 with "relatively limited investment in Olympic venues" and, as a result, it sees "no negative financial effects" on Italy's sovereign debt or the local and regional governments hosting the Winter Games. It said that Games will cost Italy less than the 2015 Milan Expo. "Italian state grants have funded most investments and have shielded local and regional governments budgets from related pressures,"
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