(ANSA) – VENICE, APRIL 30 – The stock of current account trade payables of the Italian Public Administration (PA) continues to grow continuously. In 2021, the latest survey presented in recent days, it hit a record of 55.6 billion euros. This was stated by the Mestre CGIA which notes that this is a figure that compared to our national GDP is equal to 3.1%: no other EU-27 country records such a negative score. Of our main commercial competitors, for example, Spain’s current account debt to GDP is 0.8 per cent, 1.2 per cent in the Netherlands, 1.4 per cent in France and in Germany. at 1.6 per cent. Even Greece, which last year had a public debt / GDP ratio of nearly 203 percent, has an incidence of trade debt on GDP equal to almost half of ours: 1.7 percent.
There are those who have gone bankrupt: paradoxically not for debts, but for uncollected credits. It should also be noted that the calculation of trade payables presented in recent days does not include capital account ones (i.e. those referring to delays or missed payments for investments), which, according to an estimate by the CGIA Research Office, could be around 10 billion euros. Adding them to the 55.6 of the current account would push the total amount of the trade debts of our PA to over 65 billion euros. Furthermore, there are not a few companies that have failed even in the last 2 years; not for debts, but for credits with the state that they have not been able to collect. (HANDLE).
Source: Ansa
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