Italy's Target2 Deficit Hits Fresh All Time High, Above 25% Of Italian GDP
Friday, April 7, 2017 1:00 PM EDT
the Bank of Italy reported that Italy's Target 2 deficit rose to new highs in March at €420bn, from €386bn in February. As a way of comparison, during the peak of the EU Sovereign crisis in 2012 crisis, Italy’s liabilities stood at Eur 290bn.