17 June 09:03
Italy recorded a record public debt of €3.064 trillion in April, up significantly from the previous month.
Delia Niculescu
International
foto:shutterstock
Italy's public debt rose in April by €30.1 billion to €3.064 trillion. The share held by foreign investors rose from 31.9% to 32.4% and the central bank's share fell to 20.2%. Italy is facing the excessive deficit procedure and has committed to bring the deficit below 3% of GDP by 2026, with debt estimated to reach almost 138% of GDP in 2026. Analysts warn that this target is becoming harder to reach because of slow economic growth.
Sources
Record negativ în Italia - Datoria publică a ajuns la 3.064 miliarde de euro - Economica.net
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