Will be hard to return from 160% debt – Audit Court

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(ANSA) – ROME, FEB 8 – Italy’s Audit Court said Monday it
will be hard to start getting the public debt back down again
from the over 160% of GDP it is expected to rise to after
European limits were waived for the COVID crisis.
    Court President Guido Carlino told the Senate that getting the
debt back down “will be an arduous task”.
    He said it would be “wrong” to push the debt beyond planned
limits because of the lack of a European constraint on debt
expansion. (ANSA).


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