The president of the Independent Authority of Fiscal Responsibility (AIReF), José Luis Escrivá, today called for reducing public debt during the current expansionary cycle of the economy, given the risks it faces in the medium and long term, and among those who have identified the situation in Italy and the medium-term possibility of a new financial crisis that could lead to a public rescue. As the president of AIReF pointed out, on average there is a financial crisis every 15 years, and “the size of the ..

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