New record for Italian public debt, which in January reached the threshold of 1.935,829 billion euros, an increase of 37,9 billion compared to the 1.897,946 billion recorded in December 2011. The data are contained in the supplement to the statistical bulletin "Public finance, borrowing requirements and debt" of the Bank of Italy.
Also in January, Bankitalia reveals again, the borrowing requirement stood at 4 billion euro, 1,5 billion higher than in the same period of 2011. The increase is mainly attributable to higher interest expenditure and the payment of Italy's share of the loans disbursed by the European bailout fund EFSF, partially offset by the 'increase in tax revenues and the decline in primary expenditure.
