Skip to content
Subscriber Only
Markets
Economics

Italy's Failure to Cut Debt Is a Risk for Europe, EU Warns

  • Debt ratio to output not seen contracting in coming years
  • Government policies not ‘effective’ to raise potential growth
Bloomberg business news
Dombrovskis discusses the European economy, Germany’s slowdown, Italy’s deficit target and Brexit.(Source: Bloomberg)
Updated on

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.

The European Commission issued another sharp warning on Italy, saying the country’s massive public debt and long-lasting productivity weakness are risks for other countries in the region.