The Bank of Italy announced in its report on public finances a decline in the size of government debt in the country. It fell from 3.124 trillion euros last November, to 3.10 trillion euros by December.
Bloomberg News reported on Monday that the percentage of foreign ownership of Italian debt witnessed an increase in November, reaching 34.3% compared to 34.1% in October.
The value of Italian government securities held by foreigners also increased by 8.98 billion euros, reaching 880.45 billion euros in November.
Regarding the government’s financial performance, the general government’s net cash surplus reached €17,060 million in December.
On the other hand, the Bank of Italy’s (Italian Central Bank) balance of public treasury payments showed a financial deficit of 22,239 million euros in December.
