Home Italy EconMin Tria: No need for budgetary adjustment
FXStreet News

Italy EconMin Tria: No need for budgetary adjustment

Italian Economy Minister Giovanni Tria recently crossed the wires arguing there was currently no need for a budgetary adjustment.

Key quotes (via Reuters)

  • Macroeconomic fundamentals do remain positive.
  • GDP growth could pick up again soon.
  • If deficit increase  is due to growth slowdown, so structural deficit goal agreed with EU is not affected.
  • Italy needs to boost public and private investments.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.