Estimate for next year in order to convince brussels that italy can actually afford to take out more debt is that a workable plan. Well of course as you lower the g. D. P. Part that means the spending part of that as a percentage of that becomes becomes even greater so i think whats important is they find a way to acknowledge that girls will be lower it has to be realistic i think it has to be lower than they currently forecast but they also need to find a way of either reducing or pushing out their Spending Plans and i think thats potentially the most likely if you think about the two major initiatives universal income and the reduction of the retirement age the likelihood of that being implemented on the first of january is becoming increasingly unlikely so the longer that takes to work through the pipeline the longer it takes to be implemented the better chance of their deficit optically it looks better all rights that chief Market Strategist and head of macroeconomics thats rick in
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