Italy's Tria: Growth estimates in budget are conservative

Haresh Menghani FXStreet

According to Italy's Finance Minister Giovanni Tria, the country needs to cut the growth gap with Europe, though growth estimates in the budget are conservative.

Key quotes:

• The goal is to cut debt/GDP ratio 4.5% points in 3 years.
• Confident on the budget plan, deficit cuts for next years.
• Government plans to modernize infrastructure networks.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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