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EU’s Moscovici: We expect euro zone finance minister to take stock on Italy tomorrow

European Commissioner  for Economic and Financial Affairs Pierre  Moscovici is now out on the wires, delivering the below-seen remarks on Italy’s budget problems.

  • Italy’s high debt a major vulnerability for its economy.
  • We expect euro zone finance minister to take stock on Italy tomorrow.
  • Commission stands ready to take into account new elements that may be put forward by Italy.

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