Governmental public debt is determined by the State’s financial needs that display a permanent character. The State’s financial needs are covered by cashed incomes coming from taxes and other contributions. The State’s incomes and the opportunity of obtaining them are almost never enough...

The management of public debt is a process strictly connected with and dependent on fiscal and budget policy as well as on monetary policy. Under such circumstances the analysis of governmental public debt’s portfolio is carried out by taking into consideration both the internal macroeconomic...