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Giorgetti: Italy debt-service costs rising at alarming rate

Italy’s economy minister Giancarlo Giorgetti said the cost of servicing public debt is rising at “an alarming rate,” linked to geopolitical tensions, as the government prepares to update budget plans for 2027 onwards.

Giancarlo Giorgetti said on Friday that the cost of servicing Italy's public debt is increasing at "an alarming rate" amid geopolitical tensions, as the government prepares to update its budget plans for 2027 onwards. The economy minister said inflation is bound to rise "ineluctably" if th…