Conte signals end to Italy’s rampant spending on debt risks ...Qatar

Prime Minister Giuseppe Conte warned that Italy is reaching the limits on how much debt the government can take on, even as the European Union opens the door to further borrowing. While Italy is pushing ahead with a €38bn ($47bn) budget for next year, the growing deficit is becoming unsustainable, Conte said during his year-end press conference in Rome yesterday. The Senate gave the final approval to the spending package while he was speaking. “We cannot use all the loans that we’re given” by the EU, Conte said yesterday during his year-end press conference in Rome. “There is a limit, we have to be credible and offer a sustainable curve for public debt.” Italy’s deficit is expected to near

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