Italy’s state debt soars to all-time high ...News

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Italy’s state debt soars to all-time high
If divided among the Italian population, the sovereign debt would amount to more than €46,000 Italy’s state debt has continued to soar, jumping by €22 billion ($24.1 billion) in April month-on-month to hit a record high of €2.81 trillion ($3,1 trillion), according to the latest data from the central bank. The previous all-time high was reached in March, when debt amounted to €2.79 trillion ($3.06 trillion). Italy's public debt has seen significant growth, reaching nearly 155% of gross domestic product (GDP) at the end of 2020. It currently amounts to 144% of economy, according to Eurostat. If distributed among the

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