Panetta, contesto incerto, Italia prosegua su strada prudenza di bilancio

Fabio Panetta, the Governor of the Bank of Italy, emphasizes the importance of maintaining fiscal prudence amid global uncertainties. He notes that Italy's deficit has decreased significantly, from 9% of GDP in 2020 to around 3%. This prudent approach has helped mitigate the impact of rising global interest rates and has led to improved credit ratings from various agencies, which in turn has helped stabilize the spread compared to German bonds. There is still potential for further positive assessments.