July 24, 2015

Italy’s public debt rising

New figures by the European Statistical Agency have revealed that Italy’s public debt to its GDP has continued to rise in 2015.

The figures have sounded the alarm for the government as the country’s economy is still suffering from a series of austerity measures and spending cuts. Max Civili brings us the story from Rome.


Government debt rose to 92.9% of GDP in euro area (pdf) - Eurostat
Business groups see slow recovery, urge deep tax cuts - ANSA

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