“The Budget takes place against the backdrop of the global outbreak of COVID-19. The fundamentals of the UK economy are strong and the government is well prepared to protect people’s health and support their economic security throughout this period of temporary economic disruption. The Budget sets out a plan to support public services, individuals and […]
Budget
Italy Vows to Stick to Budget That Breaches EU Rules (WSJ)
“Italy’s government vowed to forge ahead with its spending plans, despite warnings by the European Union that its proposed budget would breach the bloc’s fiscal rules, raising the chances of a clash with Brussels.”
The 10 Most Important People in Italy Worth Watching Right Now (Bloomberg)
“Italy’s determination to deepen its budget deficit next year is driving up the government’s borrowing costs and setting it on course for a clash with the European Union. These are the people that traders really need to pay attention to in the weeks ahead.”