Brussels

Italian debt forecast to exceed 130%

European Commission says higher than previously expected

Italian debt forecast to exceed 130%

Brussels, May 3 - Italy's bloated national debt is expected to exceed the 130% threshold to reach 131.4% in 2013 and 132.2% in 2014, the European Commission (EC) said in a statement on Friday. The EC previously forecast Italian sovereign debt reaching 128% in 2013 and 127% in 2014.

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