Cyrrus (Cyrrus)
Markets  |  April 08, 2013 09:38:57

Italy has debts of government contractors - a total of 100 mld.EUR


iPoint.cz At a weekend meeting of the Italian Government approved a plan to repay part of the debt government supply companies. On outstanding invoices should the Italian authorities owe over 100 billion, while over the next 12 months should be paid 40 billion. Debt repayment should not endanger the maintenance of this year's budget deficit, the amount of which is fixed at 2.9% of GDP. Overall, this should be a growth factor that should support the Italian economy. Italy is no longer the center of attention of the markets, which resulted in a decrease in the yield on ten-year bonds patového level before the announcement of election results.

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