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

Eren Sengezer FXStreet

Italy's Economy Minister Tria is now out on the wires, via Reuters, saying that the Italian government must have a clear "debt reduction path."

Key quotes

Growth expectations for Q2 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.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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