(Reuters) - The European Commission asked Italy on Monday to tighten its budget this year to rein in an excessive public debt but fell short of opening a disciplinary procedure against the euro zone's third largest economy.
Showing posts with label Italy's public debt. Show all posts
Showing posts with label Italy's public debt. Show all posts
April 12, 2013
Italy debt to reach peak of 130.4% in 2013: government
MILAN: Italy's public debt level will reach a peak of 130.4 per cent of gross domestic product ( GDP) this year, according to a long-term budget programme issued on Wednesday that forecasts growth will pick up and debt go down starting from next year.
Subscribe to:
Posts (Atom)