The run of Italy's public debt accelerates. In the period from January 2024 to August 2024, the hole in the state budget increased by an average of about 15.4 billion euros per month. In contrast, in the broader period from August 2023 to last August, the average monthly increase was about 9.7 billion euros. This is according to the Unimpresa Study Center, which reports that Italy's public debt has reached alarming levels, touching nearly 3 trillion euros in August 2024. "This figure is not just an abstract number, but represents a real boulder weighing on the shoulders of the national economy, limiting the possibilities for growth and weighing on the budgets of future generations. With a debt-to-GDP ratio that remains among the highest in Europe, Italy finds itself in an increasingly precarious situation, where public debt becomes a ballast for development policies and economic stability," comments Unimpresa Vice President Giuseppe Spadafora.
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