Italy Says Its Debt Will Keep Falling Even as Bond Yields Rise
- Yields are rising after ECB signaled mounting inflation risk
- Growth will slow down in first quarter on higher energy prices
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Italian Prime Minister Mario Draghi played down concerns that widening government bond spreads may put the improvement of the country’s finances at risk.
“Spread rose for almost every country,” Draghi said at a press conference Friday in Rome, adding that sustained growth and budget discipline are key to keeping finances in check.