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Italy Gualtieri: Debt reduction has to be gradual and sustainable to be credible

Italian Economy Minister Roberto Gualtieri said today that the European Commission for was challenging the country’s draft budget. Instead it’s only asking for clarifications on the path of debt reduction.

He also emphasized “Italy has made use in the past of ‘flexibility’ on public finances because public debt must be lowered but the reduction can only be gradual and sustainable to be credible.”

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