Europe’s July 2020 compromise is a great step forward (though getting final agreement is a work in progress). But the

Europe’s July 2020 compromise is a great step forward (though getting final agreement is a work in progress). But the basic issue for the euro area remains Itay’s debt level. Painfully stabilized since 2014 around >130%. Now heading towards >150%. @DeutscheBank https://t.co/XhUtjHxuGH

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