14/2/2011 00:00:00
According to the Bank of Italy, at the end of 2010 the public debt increased by 4.5% compared to the previous year. But it is anyway decreasing compared to the peak reached last November (1,868.7 trillion). These are the findings of the statistical bulletin on the public finances of the Bank of Italy “Public Finance, needs and debt”. At 31 December 2010 the Public Administrations debt amounted to 1,843.2 trillion. In late 2009 the debt amounted to 1,763.9 (116% of GDP). The central government debt grew by 79.7 billion, reaching 1,732.2, while the local governments debt decreased by 0.4 billion, falling to 111%.
