Giorgetti: ‘With a significant rise in interest rates, we must keep debt under control’

Giorgetti: ‘With a significant rise in interest rates, we must keep debt under control’
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Rome, 13 Sept. (LaPresse) – “The recent rise in interest rates by the European Central Bank, aimed at combating inflation, translates into higher costs for those in debt – such as households, businesses and even the state. At times like these, when interest rates are rising, it becomes clear just how important it is to keep debt under control, to be able to place it successfully, and to have the confidence of the markets and savers.” So said the Minister for the Economy, Giancarlo Giorgetti, speaking via video link from the UDC party conference currently taking place in Rome.

Rome, 13 Sept. (LaPresse) – “The recent rise in interest rates by the European Central Bank, aimed at combating inflation, translates into higher costs for those in debt – such as households, businesses and even the state. At times like these, when interest rates are rising, it becomes clear just how important it is to keep debt under control, to be able to place it successfully, and to have the confidence of the markets and savers.” So said the Minister for the Economy, Giancarlo Giorgetti, speaking via video link from the UDC party conference currently taking place in Rome.

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