The Italian and French governments’ fiscal plans, announced this week, suggest that the headline budget deficit will be similar in both countries over the next few years. But we suspect that the deficit in Italy will be bigger than the official target. And while we expect the public debt ratio in France to creep down, weaker growth prospects in Italy mean that the debt ratio there is likely to rise.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services