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Debt creates vulnerability, cuts room if shocks - BoI - English

Italy's high public debt, the highest in the eurozone after Greece's, creates vulnerability and narrows room for maneuver if there are financial shocks, the Bank of Italy said Monday. © ANSA

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Guidance needed on wedge,risk of deviations - BoI - English

The Bank of Italy said Monday more guidance was needed on the labour tax wedge cut in the 2024 budget and that there was a risk of deviations from the fiscal track. © ANSA

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Italian Economy Avoids Recession by Narrowest of Margins

(Bloomberg) Italy’s economy stagnated in the third quarter — just dodging a recession as Prime Minister Giorgia Meloni battles to keep output expanding while also limiting debt.Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesApple Unveils New Laptops, iMac and Trio of More Powerf

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Italy Survives S&P Scrutiny Staying Two Steps Above Junk

(Bloomberg) Italy remains at two levels above junk at S&P Global Ratings after Giorgia Meloni’s government weathered the first of several possible assessments on its looser deficit prospects.Most Read from BloombergIsrael Latest: Hamas Releases Two US Hostages After Secret TalksHere’s What 8% Mortgage Rates Will Do to the Housing MarketBiden’s Influence Turns Israel's Ground War Plans Into ‘Something Different’Where Does Israel Get Its 220,000 Barrels of Oil Every Day?US Presses Israel to Del

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