On 19 October, the prime minister’s cabinet approved a draft of the 2022 budget, which will now be sent to...
News Category: Fiscal
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Italy: Draft 2022 budget sees slight increase in spending to boost economy -
Italy: Parliament approves growth-enhancing Covid-19 recovery package; raises deficit projections At the end of April, Parliament approved Prime Minister Draghi’s plan for Italy’s post-pandemic recovery. Aiming to boost economic growth... -
Italy: Draghi government unveils fresh stimulus package, while hinting at more to come On 19 March, the recently sworn-in governing coalition approved a EUR 32 billion support package aiming to revive the Italian... -
Italy: Government approves stimulatory budget to sustain recovery following coronavirus blow On 19 October, the government approved the 2021 draft budget, which includes a stimulus package of tax cuts, the extension... -
Italy: Government approves additional budget stimulus to shore up the economy amid strained public finances On 13 May, Italy’s government unveiled a EUR 55 billion stimulus package, largely focused on granting financial support to businesses... -
Italy: A patchwork budget and timid fiscal expansion fail to address Italy’s structural problems On 15 October, the new government formed by the Democratic Party (PD) and the Five Star Movement (M5S) submitted the... -
Euro Area: Economic Snapshot for the Euro Area Growth continues to sputter in Q4 Preliminary estimates revealed that the Eurozone continued to grow at a slower pace in... -
Italy: Markets rally as Italy and the EU sign budget truce, but structural weaknesses remain abound The European Commission decided not to launch an excessive deficit procedure against Italy, following an agreement reached with the country’s... -
Germany: Economic Snapshot for the Euro Area Growth drops to five-year low in Q3 Preliminary data revealed that the Eurozone economy slowed notably in the third quarter.... -
France: Economic Snapshot for the Euro Area Italian budget spooks financial markets; softer growth persists in Q3 Incoming data suggests that economic dynamics were little changed in...