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Giorgia Meloni Faces Big Tests On China, Russia And The EU Economy
Big Take
The European Central Bank and Italy's Stimulus Package
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European leaders have agreed on a landmark stimulus package that will see the block issue, 750 billion euros of joint debt. The European Central Bank has raised its main policy rate by quarter of 1%. How much of a deal is that really for Italy? There's two issues. As rates increase, it's a problem for Italy because it becomes harder to manage its debt. And then there's the part that's internal.
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