Economics
Draghi Plans 10 Billion Euros of Fresh Debt as Cost of War Soars
- Deficit goal in 2022 will now stay at 5.6% of GDP, sources say
- Premier to unveil Italy’s new economic and financial strategy
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Prime Minister Mario Draghi’s government is planning as much as 10 billion euros ($11 billion) in fresh borrowing to help protect Italy from the fallout of Russia’s invasion of Ukraine, according to officials familiar with the matter.