Italy is putting inflation's damage to public finances on the Eurogroup and ECOFIN agenda next week, per MEF sources, with Giorgetti flagging the "serious economic consequences" for the budget. Transl

What happened: Italian Economy and Finance Ministry sources said rising inflation's grave impact on public accounts will be discussed at upcoming Eurogroup and ECOFIN meetings, after Italian requests. Key numbers: Meetings in Luxembourg next Thursday and Friday. Why it matters: Minister Giancarlo Giorgetti will draw attention to the economic consequences for public finances from the inflation surge, though no specific agenda item covers inflation and the expenditure rule.

Italian Economy and Finance Ministry sources said rising inflation's grave impact on public accounts will be discussed at upcoming Eurogroup and ECOFIN meetings, after Italian requests.

Minister Giancarlo Giorgetti will draw attention to the economic consequences for public finances from the inflation surge, though no specific agenda item covers inflation and the expenditure rule.