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The higher yield on Italian government securities is becoming a burden for the real economy - F. Papadia - Bruegel

Francesco Papadia and Inês Gonçalves Raposo have recently written on Italian fiscal policy and the increase in the spread between Italian (BTP) and German (Bund) government. Since then, two developments have taken place: one good, and one bad. This blog post reviews them.

Click here to read the article.