PUBLIC DEBT SETS NEW RECORD

PUBLIC DEBT SETS NEW RECORD

PUBLIC DEBT SETS NEW RECORD

(ANSA) - Rome, November 13 - Italy's public debt in September set a new record, climbing to 1.7868 trillion euros from 1.7575 in August, the Bank of Italy said on Friday.

With the exception of June, when it dipped slightly, Italy's debt has been setting consecutive records since last February.

The Bank of Italy also reported that due to the recession tax revenue for the first nine months of the year had fallen by 3.5% over the same period last year.

In August, the eight-month drop was 2.5%. photo: Bank of Italy Governor Mario Draghi

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