ANSA: Italy’s debt-to-GDP ratio dropped to 133% in the third quarter of 2018, down from 133.1% in the previous three months and from 133.6% in the equivalent period in 2017, Eurostat said on Monday.
Nevertheless, Italy’s public debt ratio remains the second-highest in the EU, the European statistics office said.
“The highest ratios of government debt to GDP at the end of the third quarter of 2018 were recorded in Greece (182.2 %), Italy (133.0%), Portugal (125.0%), Cyprus (110.9%) and Belgium (105.4%), and the lowest in Estonia (8.0%), Luxembourg (21.7%) and Bulgaria (23.1%),” Eurostat said.
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