Rome

Italy debt 127% of GDP in 2012

Second highest in Europe after Greece

Italy debt 127% of GDP in 2012

Rome, July 5 - Italy's public debt, the main reason it is periodically exposed to speculative pressure, was 127% of GDP in 2012, up from 120.8% in 2011, the Bank of Italy said Friday. Only Greece with 156.9% has a higher debt in Europe, the central bank said. Other countries over 100% are Portugal with 123.6% and Ireland at 117,6%.

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