United Network News
  • HOME
  • ABOUT US
  • NEWS
    • WORLD NEWS
    • SITUATION REPORTS
    • FIELD MESSENGER REPORTS
  • BECOME A FIELD MESSENGER
    • ABOUT FIELD MESSENGERS
    • FREQUENTLY ASKED QUESTIONS
    • FIELD MESSENGER REPORT EXAMPLES
    • FIELD MESSENGER REPORT CONSIDERATIONS
    • SUBMIT YOUR REPORTS
  • UNN MEMES
  • CONTACT US
    • UNN SUPPORT
    • FIELD MESSENGERS SUPPORT
No Result
View All Result
  • HOME
  • ABOUT US
  • NEWS
    • WORLD NEWS
    • SITUATION REPORTS
    • FIELD MESSENGER REPORTS
  • BECOME A FIELD MESSENGER
    • ABOUT FIELD MESSENGERS
    • FREQUENTLY ASKED QUESTIONS
    • FIELD MESSENGER REPORT EXAMPLES
    • FIELD MESSENGER REPORT CONSIDERATIONS
    • SUBMIT YOUR REPORTS
  • UNN MEMES
  • CONTACT US
    • UNN SUPPORT
    • FIELD MESSENGERS SUPPORT
No Result
View All Result
United Network News
No Result
View All Result
Home World News Europe

The Central Bank of Italy said, Italy’s public debt exceeds 3 trillion Dollars for the first time

  • May 17, 2023
The Central Bank of Italy said, Italy’s public debt exceeds 3 trillion Dollars for the first time

Italy’s sovereign debt hit an all-time high in march, jumping by 17.8 billion Euros to 2.79 trillion Euros, according to the country’s central bank.

The surge was driven by an increase in the public sector’s borrowing requirement of 31.3 billion Euros.

Massimiliano Dona, president of the National Consumer Union, warned that if the government debt were divided among the Italian population, it would amount to more than 47 thousand euros per citizen. Dona urged the government to limit itself to limiting energy bills, restoring discounts on system charges in the bill, as soaring energy prices have exacerbated the cost-of-living crisis in the EU’s third largest economy and have pushed up the level of public debt, which amounted to 144 percent of GDP between October and December 2022.

The European central bank once again increased rates last week, hiking them to 3.25 percent in an attempt to curb double-digit inflation across the Eurozone. Italian officials have lashed out at this move claiming that it puts more financial pressure on one of the most indebted countries in Europe.

Watch the Full Report Here

 

Tags: EurozoneHigh InflationItalyPublic Debt Record
Facebook
Twitter
Telegram
WhatsApp
Email
Print

Related Posts

Britain is testing out the UK’s first Universal Basic Income program to simplify the welfare system and tackle poverty

Britain is testing out the UK’s first Universal Basic Income program to simplify the welfare system and tackle poverty

June 7, 2023
A hydroelectric dam in southern Ukraine is breached forcing the evacuation of nearby residents fleeing flooding

A hydroelectric dam in southern Ukraine is breached forcing the evacuation of nearby residents fleeing flooding

June 7, 2023
President Tayyip Erdogan wins Turkey’s run-off election extending his three-decade long rule

President Tayyip Erdogan wins Turkey’s run-off election extending his three-decade long rule

May 29, 2023
France has banned all short distance domestic flights as they are trying to make transportation more green

France has banned all short distance domestic flights as they are trying to make transportation more green

May 24, 2023
Greece’s conservative prime minister Kyriakos Mitsotakis has won the election, but still seeks a majority

Greece’s conservative prime minister Kyriakos Mitsotakis has won the election, but still seeks a majority

May 22, 2023
The Bishops’ Conference of France wants to issue QR codes to clergyman to help stop sexual abuse in the catholic church

The Bishops’ Conference of France wants to issue QR codes to clergyman to help stop sexual abuse in the catholic church

May 15, 2023
Load More

Trending on United Network News

China has rejected an invitation by the Pentagon to have their respective defense chiefs meet

OPEC leaves Reuters, Bloomberg News and the Wall Street Journal off the invite list for its upcoming meeting in Vienna

Africa’s largest oil refinery has been opened in Nigeria’s economic hub of Lagos by outgoing President Muhammadu Buhari

North Carolina Governor Roy Cooper declares ‘state of emergency’ over GOP school choice expansion

France issued arrest warrant for Lebanese Central Bank governor Riad Salameh over corruption charges

Situation Report Highlights

5th. June 2023 Full situation report with Kimberly Goguen and Sunny Gault – An Important Update from the Office of the Guardian!

22nd. February 2023 Full situation report with Kimberly Goguen and Sunny Gault -Putin’s annual address, Ericsson cuts jobs, WHO is now the pandemic authority?

Trending Field Messenger Reports

Learn how Barley Straw helps improve the water quality

A spectacular sight of the butterfly season from St. Martin

Access to water and water distribution is threatened in California

Discover a “Natural Pharmacy” of plant remedies in New Zealand

A unique soul experience connecting with source energy

United Network Plus Movies

Jupiter Ascending

Jupiter Ascending

May 26, 2023
The Dark Tower

The Dark Tower

May 26, 2023
Next Post
The CDC has told all vaccine providers to get rid millions of doses of Johnson & Johnson COVID-19 vaccines

The CDC has told all vaccine providers to get rid millions of doses of Johnson & Johnson COVID-19 vaccines

© 2023 Copyright  All Rights Reserved
  • ABOUT US
  • CONTACT US
  • TERMS
  • PRIVACY POLICY

Available on multiple devices

No Result
View All Result
  • HOME
  • ABOUT US
  • NEWS
    • WORLD NEWS
    • SITUATION REPORTS
    • FIELD MESSENGER REPORTS
  • BECOME A FIELD MESSENGER
    • ABOUT FIELD MESSENGERS
    • FREQUENTLY ASKED QUESTIONS
    • FIELD MESSENGER REPORT EXAMPLES
    • FIELD MESSENGER REPORT CONSIDERATIONS
    • SUBMIT YOUR REPORTS
  • UNN MEMES
  • CONTACT US
    • UNN SUPPORT
    • FIELD MESSENGERS SUPPORT

© 2022 Copyright © All Rights Reserved
United Network News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist