The public-sector borrowing
requirement ended 2015 on some 60 billion euros, 15 billion down
on the end of 2015, the Treasury said Monday.
The 15-billion-euro improvement in the PSBR "appears in
line with the the reduction in the deficit between 2014 and
2015" indicated in an update to the government's economic
blueprint, the Economic and Financial Document (DEF), the
economy ministry said.
December alone showed a surplus of 2.5 billion, it said.
The fall in the PSBR from 2014 to 2015 "is linked to bigger
tax revenue and lower interest on the public debt, despite
bigger payments due to the effects of the Constitutional Court's
ruling on pension indexation as well as bigger tax
reimbursements," the ministry said.
The PSBR is one of the major factors in Italy's large
public debt, the second highest in the eurozone after Greece's.
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