Italian Government debt = €2.8 trillion. 🇮🇹

10y yield was 0.5% on 11/2021. That’s €14 billion in interest payments.

10y yield today is 4.25%. That’s €119 billion interest to finance the debt.

Debt-to-GDP = 152.6%.

Deficit in 2021 = €128 billion.

Do the math.