The Italian Treasury announced that the government’s budget deficit during the month of May was 25.5 billion euros (28.4 billion dollars), compared to 949 million euros in the same month of the year The past.
According to Reuters, this jump in deficits resulted from a sharp drop in budget revenues due to measures taken to overcome the consequences of the Covid-19 pandemic and increases in social care and protection payments Civilization to combat the health emergency.
The Treasury said that the total budget deficit in the first five months of the year amounted to 74.4 billion euros, an increase of about 41.8 billion euros compared to the same period last year. < / p>
