New historical maximum for the public debt Italian in February, which returns to exceed the threshold of 3 thousand billion euros, already exceeded for the first time last November. The overall stock has reached the 3,024.3 billionwith an increase of 42.6 billion compared to January. But if in November it had come down, this time it could remain over 3 thousand for a long time; The tax deficit for 2025 was set by the government at 3.3% of GDP, which in absolute value would be equivalent to about 75 billion. This would make the stock tended at the end of the year over 3,040 billion.
Foreign investors are back
The increase in the liquid availability of the treasure, which climbs 26.2 billion up to altitude 76.1 billion: a precautionary strategy implemented by the government to strengthen its financial position. Added to this is the needs of public administrations, which engraved for another 15.7 billion. Finally, emission waste, revaluation of the securities indexed to inflation and gearbox effect have contributed for further 0.7 billion.
The good news comes from the international front: the foreign investors They returned to focus on Italian government bonds. In January alone, another 10.7 billion euros in securities purchased, bringing the total of their detention – including also credits other than bonds, almost 937 billion. On an annual basis, treasure titles in the hands of foreign investors grew by 126 billion, a value that almost exactly reflects the overall increase in public debt in the same time.
Also the Italian families They continued to support public debt, with new purchases for 4.15 billion in the month, and a total increase of 45 billion over a year. A further thrust will come from the February data, thanks to the success of the placement of the BTP value more, which has collected orders for almost 15 billion euros.
Debt for Italian at over 51 thousand euros
As is obvious that it is consumer associations have launched the alarm on this dizzying increase. Massimiliano Donapresident of the National Consumer Union, in a note states:
“For the second time, the monstrous threshold of 3 thousand billion that had been reached in November 2024 is exceeded. A primacy of which we would gladly do without and that prevents us from using public spending to face how we should emerge situations, such as the one that could occur in the face of a war of the duties. It is not acceptable to play the game of the three cards with allocations already expected for other needs, giving the right hand with the right hand. left. if it were a debt for Italian it would be equal to over 51 thousand euros, 51 thousand and 268 euros.
And debt brakes Italian rearmament
It is precisely this monstrum debt that pushed Italy to curb. For days, the Minister of Economy Giancarlo Giorgetti states that he is absolutely against seeing the trajectory of recovery of public accounts to finance the rearmament, closing the door to the activation of the national clause provided for by the Rearm project, which would allow to exclude those spent by the constraints of the stability pact.
Brussels invited the member countries to communicate adhesion by April 30thbut Italy has no intention of responding, also strong in the fact that the EU Commissioner Valdis Dombrovskis has recalled in recent days that that deadline is not an ultimatum.
