24/4/2011 00:00:00
In 2010 Italy’s deficit was 4.6% of GDP and public debt 119%. These are the figures reported by Eurostat, the Statistical Office of the European Union, based on the first notification of 2011 figures provided by Member States. The deficit was 5.4% in 2009, 2.7% in 2008 and 1.5% in 2007. The public debt was of 116.1 in 2009, while in 2008 had reached 106.3% and 103.6% in 2007. In 2010 the output amounted to 50.5% of GDP and revenue to 46% compared to 51.8% and 46.5% in 2009. Brussels also points out that Italy, in the frame of the financial assistance programs to the countries of the Eurozone in trouble, lent the equivalent of 0.3% of GDP, amounting to 3,890 billion euro. As for the other countries, only Sweden and Estonia have their accounts balanced.