Country: IT | Published: 2026-09-23
Italy's fiscal discipline story continues to anchor sentiment, with Rome reaffirming its pledge to keep the 2026 deficit below the EU's 3% ceiling even while remaining under the ex
Italy's fiscal discipline story continues to anchor sentiment, with Rome reaffirming its pledge to keep the 2026 deficit below the EU's 3% ceiling even while remaining under the excessive deficit procedure. Banking is adding a fresh layer of noise, as Germany seeks guarantees from Italy's Unicredit over its Commerzbank takeover interest and Rome stays out of Monte Paschi's shareholder meeting amid defense moves against Intesa. The OECD's slightly brighter 2026 growth outlook offers a mild offset, though the EWI verdict still points to a fiscal squeeze as the dominant force.