Economics

Italy’s Debt Load Decreased More Than Expected, Visco Says

  • Debt-to-GDP fell to ~150% in 2021 helped by growth, low rates
  • Economy to reach pre-crisis levels by middle of this year

Ignazio Visco

Photographer: Simon Dawson/Bloomberg
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Italy’s debt load decreased more than anticipated last year helped by low borrowing costs and the fastest economic expansion in decades.