| Author (Person) | Dinmore, Guy, Jones, Claire |
|---|---|
| Series Title | Financial Times |
| Series Details | 18.4.12 |
| Publication Date | 18/04/2012 |
| Content Type | News |
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Italian Prime Minister Mario Monti has delayed by one year Italy’s goal of balancing its budget rather than risk deepening the economic recession by imposing further drastic austerity measures. Financial analysts broadly accepted what they saw as an inevitable policy shift by Rome’s technocrat government, a view reflected on markets where Italy’s bond yields rose only slightly in response to the news delivered after a cabinet meeting on the 18 April 2012. |
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| Countries / Regions | Italy, Spain |
