Difficult pension reforms key to Brazil's future, says Itaú

Monday, February 20, 2017

Brazil is currently on an "unsustainable trajectory" and needs reform in order to get back on track and stabilize its public debt, Itaú Unibanco's chief economist Mario Mesquita told reporters on Monday. The country's largest bank expects public debt to reach 75% of GDP this year and inch up to 7...

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