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16th Sep 2024 18:07EurozoneDaily Monitor

  • The day of reckoning for Italy's public finances under the new EU fiscal rules has been delayed… 
  • ...Rome will submit its new MTFS plan 10 days late, at month-end; it needs more spending cuts. 
  • A sub-4% deficit this year is just wishful thinking; it will remain above 4% until 2026.

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Keywords for: 18 September 2024 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence