In 1993, circulation of "Avanti!" fell from 200,000 copies to a few thousand. Wastes and bad management during the eighties, despite the important funding for the modernization of the newspaper strongly desired by Craxi, provoked an accumulation of debts for about 30–40 billions lire; "Avanti!" lost also the public contribution for publishing (6 billions lire) because it did not certify the financial statements for the 2 billions lire deficit, causing the revocation of bank loans and of the return request of debt exposures.