Fri, 19 September
14.1 C
Yerevan
USD: 382.59 RUB: 4.62 EUR: 452.83 GEL: 140.01 GBP: 522.58

Italy public debt reaches new record high

YEREVAN, June 14. /ARKA/. Italian public debt has reached a new record high, RIA Novosti reports citing data released today by the Bank of Italy. At the end of April, the debt stood at €1.9485trn, an increase from the previous figure of €1.946trn in March. The debt has increased by €50.7bn since the end of 2011.

Government revenues for the first quarter of the year were about €111bn, a 0.2% increase from the same quarter the previous year. In April 2012, revenues increased by 2.4% compared to April 2011.
Fabrizio Saccomanni, director general at the Bank of Italy, warned of structural problems of growth for the Italian economy. -0-

spot_img

POPULAR

Investments without myths: CEO of Cube Invest on opportunities, risks and development prospects of Armenian capital market

Investments in the modern world are not only an opportunity to increase capital but also a powerful tool for economic development.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Market capitalization in August increased by 41.4% year-on-year to 460 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for August 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

LATEST NEWS

spot_imgspot_imgspot_img