{"id":491312,"date":"2025-10-11T15:32:28","date_gmt":"2025-10-11T15:32:28","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/491312\/"},"modified":"2025-10-11T15:32:28","modified_gmt":"2025-10-11T15:32:28","slug":"debt-ridden-italy-fears-impact-of-guarantees-for-e140b-loan-to-ukraine-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/491312\/","title":{"rendered":"Debt-ridden Italy fears impact of guarantees for \u20ac140B loan to Ukraine \u2013 POLITICO"},"content":{"rendered":"<p>As a result, <a href=\"https:\/\/www.politico.eu\/article\/belgium-ukraine-loan-russian-assets-bart-de-wever\/\" target=\"_blank\" rel=\"noopener\">Belgium wants all EU capitals to guarantee the loan<\/a> should the Kremlin\u2019s lawyers prove successful in court, or should the war end, prompting an immediate recall.<\/p>\n<p>Rome wants its reassurances in writing from Eurostat that these guarantees won\u2019t impact its financial health. Economy Commissioner Valdis Dombrovskis told Giorgetti that Eurostat would only be able to answer the question once the EU executive has presented a formal bill for the loan, two of the diplomats said.<\/p>\n<p>A senior Commission official told reporters earlier this week that it was likely that these guarantees would only count as contingent liability. In other words, the guarantee would only count toward a country\u2019s debt pile if and when it&#8217;s triggered.<\/p>\n<p>The debt question is a general concern among EU countries. But the risk is more acute for Italy, whose burden of debt climbed to 137.9 percent of its economic output, known as GDP, in <a href=\"https:\/\/ec.europa.eu\/eurostat\/web\/products-euro-indicators\/w\/2-21072025-ap#estat-inpage-nav-heading-1\" target=\"_blank\" rel=\"noopener\">the first three months of this year<\/a>. Only Greece has a higher debt load in the EU at 152.5 percent of GDP.<\/p>\n","protected":false},"excerpt":{"rendered":"As a result, Belgium wants all EU capitals to guarantee the loan should the Kremlin\u2019s lawyers prove successful&hellip;\n","protected":false},"author":2,"featured_media":491313,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7654],"tags":[33108,2000,299,155245,20327,18421,1197,2199,2441,17436,3209,152305,7339,657,12923],"class_list":{"0":"post-491312","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ukraine","8":"tag-economic-governance","9":"tag-eu","10":"tag-europe","11":"tag-european-monetary-union","12":"tag-eurozone","13":"tag-finance-and-banking","14":"tag-investment","15":"tag-italy","16":"tag-markets","17":"tag-monetary-policy","18":"tag-payments","19":"tag-risk-and-compliance","20":"tag-russia-sanctions","21":"tag-ukraine","22":"tag-valdis-dombrovskis"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115356260459959820","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/491312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=491312"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/491312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/491313"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=491312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=491312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=491312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}