Italy EU

Italy presents spending and reform plans to boost economy

The Covid-19 epidemic had a significant impact on the Italian economy, which suffered a 9.2% contraction. Government-imposed lockdowns have severely weakened economic activity and hurt the country’s finances. According to the Italian Ministry of Finance, the budget deficit fell from 1.6% of GDP in 2019 to 9.5% in 2020 and …

Read More »