https://sputnikglobe.com/20230615/italys-state-debt-up-236bln-in-april-reaching-all-time-high---central-bank-1111187308.html
Italy's State Debt Up $23.6Bln in April Reaching All-Time High - Central Bank
Italy's State Debt Up $23.6Bln in April Reaching All-Time High - Central Bank
Sputnik International
Italy’s national debt increased in April by another 21.8 billion euros ($23.63 billion) and reached a historic high of 2.81 trillion euros, the Bank of Italy said on Thursday.
2023-06-15T13:21+0000
2023-06-15T13:21+0000
2023-06-15T13:21+0000
economy
italy
bank of italy
european union (eu)
debt
https://cdn1.img.sputnikglobe.com/img/07e7/02/1a/1107809956_0:134:2560:1574_1920x0_80_0_0_96aa0795b7eb9bb6731b31aa5e54e4e1.jpg
The previous record was set in March 2023, when Italy's sovereign debt reached 2.79 trillion euros. COVID-19 restrictions led to an increase in Italy's state debt to over 155% of the country's gross domestic product (GDP) in 2020. After the limitations were lifted, the national economy started growing again, and the government reduced its support for businesses and citizens. However, the Ukraine conflict, as well as a rapid surge in energy prices caused a decline in Italy's GDP and the government debt started to rise once more. In April, the EU's statistical office, Eurostat, said that Italy's national debt had reached 144% of GDP in the fourth quarter of 2022.
italy
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
italy’s national debt, bank of italy, central bank
italy’s national debt, bank of italy, central bank
Italy's State Debt Up $23.6Bln in April Reaching All-Time High - Central Bank
MOSCOW (Sputnik) - Italy’s national debt increased in April by another 21.8 billion euros ($23.63 billion) and reached a historic high of 2.81 trillion euros, the Bank of Italy said on Thursday.
The previous record was set in March 2023, when Italy's sovereign debt reached 2.79 trillion euros.
COVID-19 restrictions led to an increase in Italy's state debt to over 155% of the country's gross domestic product (GDP) in 2020. After the limitations were lifted, the national economy started growing again, and the government reduced its support for businesses and citizens.
However, the Ukraine conflict, as well as a rapid surge in
energy prices caused a decline in Italy's GDP and the government debt started to rise once more. In April, the EU's statistical office, Eurostat, said that Italy's national debt had reached 144% of GDP in the fourth quarter of 2022.
