High debt amplifies Italy's economic
risks, a key supervisory panel said Friday.
Italy's main vulnerabilities derive in the short term from "the
possible worsening of geopolitical tensions, from the
introduction of more protectionist trade policies than in the
past and from developments in the political and economic
situation in some large European economies", said the Committee
for Macroprudential Policies composed of the Governor of the
Bank of Italy, the presidents of Consob, Covip and Ivass.
Italy's exposure to these risks, attributable to external
factors, "is amplified by the weakness of its economic growth
and high public debt", said the panel.
photo: Economy Minister Giancarlo Giorgetti
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