Italy’s interest bill may rise by as much as a third in coming years as its progress in trimming public borrowings grinds to a halt, according to Scope Ratings
Italy’s interest bill may rise by as much as a third in coming years as its progress in trimming public borrowings grinds to a halt, according toThe annual cost of servicing debt will be around
€75 billion this year, up from €57.3 billion in 2020, the ratings company said in a report to be published on Tuesday. It said the tally could reach to between €90 billion and €100 billion by 2026.
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