The Italian public debt has started rising again. According to the data from the Bank of Italy as of December 31, 2015, the public administration debt was equal to €2,169.9 billion, while at the end of 2014 it amounted to €2,136 billion (132.4% of the GDP).
The debt increase in 2015 (€33.8 billion) was below the requirement of the Public Administration (€49.3 billion), due to a €10.7 billion decrease in the liquid assets of the Treasury (at €35.7 billion at year end).
For the year ended December 31, 2015, Italy's contribution to support EMU's countries amounted to €58.2 billion (€60.3 billion at the end of 2014): €10 billion to Greece, €33.9 billion through the European Financial Stability Facility (EFSF) and €14.3 billion to the European Stability Mechanism (ESM).
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