The Italian public debt back under 2.2 trillion in July – The Republic

Milan – Drops the Italian public debt, which records the decline in liquidity on the c / c Treasury and breaks down the threshold of 2,199,000,000 euro in July. And ‘what informs the Bank of Italy in the usual update trend of indebtedness of the state.

“The general government debt has decreased from 4.5 billion in July from the previous month, to 2.1992 trillion” , the statement of Via Nazionale. “The reduction in debt was similar to that of liquid Treasury (4.7 billion; at the end of July such availability amounted to 96.2 billion, against 109.7 in July of 2014). The surplus of the month decreased the debt by 0.5 billion; in the opposite direction have operated the revaluation of securities indexed to inflation, the issue and the slight depreciation of the euro (for a total of 0.7 billion). “

As for the specchettamento in various fields, “in July, the central government debt fell by 3.5 billion, the local government of 1.2 billion, the debt of social security institutions increased by 0.2 billion” . Between January and June, finally, “the general government debt increased by 64.3 billion; the total requirements amounted to 18.0 billion, while cash and cash equivalents Treasury increased by 49.8 billion.” It means that the debt increased in the first half of almost 3%, compared with a GDP trend around half a percentage point.

Bank of Italy also provides an update on tax revenues accounted for in the budget State: “They amounted in July to 37.8 billion, an increase over the same month of 2014 (35.9 billion). In the first seven months of 2015, tax revenues have totaled 224.9 billion, up slightly increase compared to those of the same period last year (224.0000000000). “

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