Italian debt climbs to 2.1575 trillion, tax revenues down

Revenues down 2.7% in October

(ANSA) - Rome, December 15 - Italy's massive public debt climbed by 23.5 billion euros in October, taking it up to 2.1575 trillion euros, the Bank of Italy said on Monday. Tax revenues in recession-hit Italy dropped to 28,5 billion euros in October, down 800 million euros (2.7%) on the same month in 2013, the bank said. The central bank added, however, that tax revenues for the first 10 months of 2014 were roughly the same as in the same period last year.


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