Italy January Government Debt Rises to Record EU1.936 Trillion

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Italian government debt rose to a record 1.936 trillion euros ($2.5 trillion) in January as the country funded its share of European Union bailouts and the Treasury deposited more funds with the central bank, the Bank of Italy said today in its public-finances supplement.

The euro-region’s second biggest debt increased by 37.9 billion euros from the 1.898 trillion euros reported for December, the central bank said in the report.