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Public debt down 36.5 mn to 2.067 tn in Dec

Budget surplus, drop in assets helped

14 February, 10:54
Public debt down 36.5 mn to 2.067 tn in Dec (ANSA) - Rome, February 14 - Italy's public debt fell 36.5 billion euros from November to December to end the year on 2.0675 trillion euros, the Bank of Italy said Friday.

The fall in December was due to a large budget surplus and a sharp drop in Treasury liquid assets, the central bank said added.

Italy's debt is the second biggest in the eurozone after Greece's and the main reason it periodically comes under speculative attacks.

The debt rose by 18.7 billion euros in November to a record high of 2.104 trillion euros. Italy's central bank said Tuesday.

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