Italy must offset any new measures to combat high energy costs - IMF

The IMF advised Italy to offset any new measures aimed at reducing energy costs, following requests for budget flexibility from Italy and Greece. Despite Italy's progress in reducing its public debt to 3% of GDP, the IMF emphasized that any new spending must be balanced by cuts elsewhere due to the existing debt situation. This statement was made by Mateusz Szczurek, the IMF's European director, during a press briefing.