Italy has crossed a dangerous threshold. The country’s total government debt has surpassed €3 trillion, marking the highest level in its history. The latest figures from Banca d’Italia confirm that national debt increased by €23.9 billion in November, pushing the total to €3.005 trillion.
In case you missed it: #Italy‘s total govt debt has topped €3tn, for the 1st time ever. pic.twitter.com/7hrqvxxSFN
— Holger Zschaepitz (@Schuldensuehner) June 13, 2025
The numbers paint a grim picture. Italy’s debt now stands at 136.8% of GDP, far exceeding the 60% limit set by the Maastricht Treaty. By comparison, Germany’s debt-to-GDP ratio remains at 62.9%, highlighting the widening gap between Europe’s largest economies.
Prime Minister Giorgia Meloni has vowed to reverse the trend, but the reality is stark. Government spending continues to rise, and economic growth has failed to keep pace. Italy remains one of the most indebted nations in the world, with no clear path to stability.
Sources:
https://finance.yahoo.com/news/italys-national-debt-surges-over-180525666.html
