Arab Today, arab today italian public debt hits record high
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Italian public debt hits record high

Arab Today, arab today

Arab Today, arab today Italian public debt hits record high

Rome - XINHUA

Italy\'s public debt hit a new record high of over 2 trillion euros in January, the Italy\'s central bank said on Friday. Italy\'s public debt has reached 2.0227 billion euros (2.64 trillion U.S. dollars) in January, 34 billion up from December, which includes 43 billion euros given by the European Stability Mechanism (ESM), the central bank said. Meanwhile, the central bank said tax revenues in January rose by 0.8 percent, or about 200 million euros compared to the same period last year. The debt rose last year from around 120 percent to 127 percent of Italy\'s gross domestic product (GDP), according to the national statistic institute, despite of the government\'s austerity plan. At the end of last year, the debt was reduced below 2 trillion for the first time in more than a year, to 1.988 trillion euros. Fitch rating agency last week cut Italy\'s credit rating from A- to BBB+, with a negative outlook due to the \"inconclusive result\" of last month\'s national election, with an estimate that Italy\'s debt-to-GDP ratio will rise to 130 percent in 2013, after which Italy\'s borrowing costs rose on Wednesday\'s bond selling.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italian public debt hits record high Arab Today, arab today italian public debt hits record high

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italian public debt hits record high Arab Today, arab today italian public debt hits record high

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday