Sabato, 22 Settembre 2018

Eurostat says Italy's debt almost 121%, second in Europe


Brussels, October 22 - Last year, Italy's
government debt reached almost 121% of GDP, the second highest
in the Eurozone, the Eurostat agency said Monday.
In 2011, Greece's total debt-to-GDP rose to 170.6%, making
it the most indebted in Europe, the statistical agency said.
Italy was far behind in second place, with 120.7% debt,
slightly higher than the 119.2% ratio reported in 2010.
Eurostat also noted that Italy cut its budget shortfall to
3.9% in 2011 from 4.5% in 2010.
Following Italy in debt-to-GDP ratios was Portugal with
108.1%, Ireland at 106.4% and Belgium with debt reaching 97.8%.
Among the most healthy economies was France with a debt of
86%, Germany was close behind at 80.5% and the lowest was Spain
at 69.3%.

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