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Five Headaches Awaiting Italy's Next Prime Minister [Business News Network (BNN) (Canada)]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Awaiting her are a darkening economic outlook, high debt and energy price hikes in the wake of Russia's invasion of Ukraine. The hit to Italy's finances and the prospect of more interest-rate hikes from the European Central Bank have pushed the yield on Italy's 10-year bonds to more than 4.5% compared with less than 1% in December. Here's a rundown of the top challenges facing Meloni: Budget Law A draft budget due to be presented shortly after the elections, and to be approved by year-end, will likely be just an abridged version focusing on grim economic forecasts. That means less fiscal room for intervention to help support the economy. Meloni has vowed to keep the public finances in check, and to help Italians weather the crisis. With growth slowing and interest rates on the rise it will be increasingly difficult for Meloni to maintain her balancing act without expanding the country's deficit, a move that may be unwelcome to markets. Her main ally Matteo Salvini of the Leag Show less Read more
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