Can Italy Be Trusted To Bring Its Debt In Line?
Submitted by: Colin Lokey
What you may or may not know about Italy's high level of public debt is that it isn't a situation unique to the sovereign debt crisis. As the following graphic shows, Italy's debt-to-GDP ratio has barely changed in a decade and a half. This certainly begs the question as to whether it would live up to any conditionality attached to potential ECB bond purchases.
Source: DeutscheBank, Eurostat, Haver Analytics
What you may or may not know about Italy's high level of public debt is that it isn't a situation unique to the sovereign debt crisis. As the following graphic shows, Italy's debt-to-GDP ratio has barely changed in a decade and a half. This certainly begs the question as to whether it would live up to any conditionality attached to potential ECB bond purchases.
Source: DeutscheBank, Eurostat, Haver Analytics
Posted by CL at 9/19/2012 9:00 PM 
Categories: uncategorized
Tags: Italy sovereign debt crisis debt-to-GDP ratio ECB
Categories: uncategorized
Tags: Italy sovereign debt crisis debt-to-GDP ratio ECB
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