Tax & Spend

EU Bowed to Italy Requests in Fiscal Pact, Finance Minister Says

Meloni will enter 2024 having escaped the threat of a downgrade of the country’s debt to junk.

Photographer: Francesca Volpi/Bloomberg
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The European Union’s most recent pact to rein in debt and define its ability to invest in key sectors contains a range of requests made by Italy, Finance Minister Giancarlo Giorgetti said in an interview with Il Sole 24 Ore.