Read in App Follow us on Discover Italia Ing sees Pil in slowdown. Good attention to public accounts: the impact on enterprises and markets.

Luigi dell'Olio Energia more costly, interest rates, end of the Pnrr pressure weigh on growth prospects. For economist Paolo Pizzoli, the exit from the procedure for excessive deficit would change little to the margins of balance, but could affect election times on October 6, 2026 at 17:44 3 minutes of... The Bank of Italy has forecast an Italian economy slowdown in 2026, with a GDP growth rate of about 0.9%. In turn, the GDP will stop at 0.7% in 2027.

The evaluations on public accounts have been presented in Milan during an event dedicated to the economy and markets' perspectives. Economist Paolo Pizzoli, senior economist of Ing, has analyzed the situation and has noticed that the choice of prudent fiscal policy is due to the awareness of risks linked to debt, which have returned to the forefront with rising yields and tensions on the interest rates, France.

Public accounts and electoral calendar “In light of what is happening on the French market, the government has prepared a plan of prudence”, observes the economist. The hope is that “the ongoing dialogue with the EU Commission may lead to a surprise in terms of exiting the procedure for excessive deficit” in 2027. An outcome that, in his analysis, would depend also on confirming a deficit below 3% of GDP in 2026 data and on the dialogue with Brussels on the use of flexibility for defense and energy.

President of the Republic has declared: “GDP cannot continue to grow without consequences”. This has had a negative impact on Italian economic policy, causing a slowdown in industrial activity and energy.

Economist Luigi dell'Olio Energia has noted that the fiscal policy was influenced by external factors such as climate change and growing pressure on alternative energies. This led to a tendency towards prudence in economic decisions.

The elections are approaching and the economist Paolo Pizzoli has noticed that exiting the procedure for excessive deficit could be a way to accelerate eventually the elections.