After France, is Italy next? Goldman Sachs flags bond risks as Rome's deficit widens
8 Articles
8 Articles
The PROBLEM for Italy is not only rising borrowing costs but also political uncertainty.
After the French "storm", investors are betting against Italy - Debt could reach up to 137% of GDP
The €28 billion additional borrowing package approved by Giorgia Meloni's government for defense and energy sectors has brought concerns about Europe's debt crisis to Italy. Goldman Sachs predicts that high interest rates and widening budget deficits could push the country's debt-to-GDP ratio to 137% by 2028.
Italy is now at the center of concerns about Europe's public finances, as Giorgia Meloni's government increases deficit forecasts to finance
France's debt crisis amplifies Italy's finances. Goldman Sachs warns that the increase in the budget deficit could lead to Italy's public debt at the highest level in Europe, relative to GDP, by 2028, writes CNBC.
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