Italy's government has been issued with a stern warning to get its finances in order after it was revealed its public debt is on course to be 145 percent of the country's GDP. The blunt message was sent by the International Monetary Fund, or IMF. It noted that Italy's economy had shown resilience in how it had recovered... read full story
"In recent years, Italy has recorded a relatively strong recovery which, together with the inflation surprise, has temporarily improved the fiscal outlook,"