The Narrow Path is a newsletter about Italy’s economy and public finances. It is released periodically to update a professional audience about major facts related to reforms and improvements of the economic activity. As far as public debt is concerned, the Italian government believes that a fiscal adjustment is definitely needed for a country with a debt as high as Italy’s. However, the decision about the pace of the adjustment is crucial as it may potentially affect the prospects of the economy, including the private sector. […]