Glance: A look at Italy’s economy

Posted at: 02/26/2013 3:08 PM
By The Associated Press

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Italy’s inconclusive election has rattled markets and raised the fear that Europe’s crisis over too much government debt could flare again after several months of calm.
Here’s a look at the key facts of Italy’s economy now and when Mario Monti, the outgoing prime minister, came to power in November 2011.
Key facts: November 2011Now
Population: 60.6 million60.8 million(asterisk)
Gross Domestic Product: 1.55 trillion euros1.55 trillion euros(asterisk)
Government Deficit: 3.9 percent1.8 percent(asterisk)(asterisk)
Debt to GDP ratio: 119 percent127 percent(asterisk)(asterisk)
Unemployment: 9.5 percent11.2 percent
Stock prices (closing FTSE MIB index): 15,66415,552
10-year bond interest rate: 7.094.83
(asterisk)2012 (asterisk)(asterisk)Q3 2012
Sources: Eurostat/Factset

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