There is not much room for the next
Italian government to change the post-COVID National Recovery
and Resilience Plan to address the energy crisis as putative
next premier Giorgia Meloni has indicated, Fitch said Thursday.
The US ratings agency said wiggle room to change the plan was
"limited" and therefore "the next government's approach to any
potential renegotiation will be important both for growth and
for market sentiment".
Meloni's government "will inherit" from outgoing Premier Mario
Draghi's executive "a stronger fiscal starting point than
expected but pushing growth, also via an effective deployment of
the Next Generation EU funds, remains central for lasting debt
reduction," said Fitch.
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