LEGGE 7 AGOSTO 1982
BTP POLIENNALI 9,25% - SCADENZA 1 GENNAIO 1992
REPUBBLICA ITALIANA
The public debt of the Italian Republic refers to the amount of money the Italian state has borrowed from creditors to finance its activities. The public debt can increase if the state spends more money than it earns through taxes and other sources of revenue. The Italian public debt is one of the highest in the world, with a gross debt of around 155% of GDP in 2021. This means that Italy's public debt is larger than the country's economy.
Michelangelo Buonarroti's David is a famous Renaissance sculpture depicting the biblical character of David. The statue was created between 1501 and 1504 and is one of the greatest masterpieces of Italian art.