Italian markets keep a calm, watchful tone as Rome's budget debate remains the central story, with the government weighing voter promises against concerns over the country's heavy
Italian markets keep a calm, watchful tone as Rome's budget debate remains the central story, with the government weighing voter promises against concerns over the country's heavy debt load. ECB chief Lagarde's comment that long-term interest rates will restrain growth adds a sober backdrop for eurozone borrowing costs, something Italy feels keenly. Fuel prices eased slightly but still sit above the cap tied to Eni, the domestic energy major, so household cost pressures linger.
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