Italy Debt Costs Rising Fast Says Minister Giorgetti

Italy economy minister Giancarlo Giorgetti warns that public debt servicing costs are rising rapidly due to geopolitical tensions. He notes inflation will continue climbing if ongoing conflicts persist and discusses upcoming budget plans.

FILE PHOTO: Italy's Finance Minister Giancarlo Giorgetti attends a Eurozone Finance Ministers meeting in Brussels, Belgium, May 4, 2026. REUTERS/Yves Herman/File Photo

Italy's public debt servicing costs are accelerating rapidly amid geopolitical tensions, Economy Minister Giancarlo Giorgetti said during a Friday afternoon conference in Portofino.

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