Italy's public debt rose to a historic high, reaching €3.0052 trillion in November, the country's central bank reported on Wednesday.
"From an economic standpoint, what matters for assessing the health of a country's public finances is not so much the nominal public debt itself, but rather its trend in relation to the country's ability to manage it," the Bank of Italy emphasized in the report. The bulk of the increase, around 87%, is said to be tied to the accumulation of Treasury liquidity in the same period.
