Italy GDP +5.3 in 2021, debt may stabilize – S&P

(ANSA) – ROME, FEB 22 – S&P said Monday it saw Italian GDP
rising by 5.3% this year and said debt, which is expected to
rise to just under 160% of GDP in 2020, may stabilize due to
increased growth.
    It said the use of EU COVID recovery funds could give a “strong
boost” to public investments, which have remained about 30%
lower than the great financial crisis of a decade ago.
    It said the government’s reform agenda would not impact Italy’s
credit rating. (ANSA).


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