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Italy’s Tria: Government must have clear debt reduction path

Italy’s  Economy Minister Tria is now out on the wires, via Reuters, saying that the Italian government must have a clear “dept reduction path.”

Key quotes

  • Growth expectations for H2  point to similar performance to Q1.
  • Government will continue to work to strengthen constructive dialogue with EU.
  • Public finances balances at year-end will be lower than expected and consistent with preventive arm of stability and growth pact.
  • Lower tax burden must be pursued within context of preserving financial stability.

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