Saturday, April 25, 2015

Padoan: “Italy continues reforms, we want to reverse the trend … – The Republic

MILAN – Exit a long recession three years and reverse the trend of the last 20 who have only done accumulate obstacles to growth and investment. Are the two challenges that launched, for Italy, the Minister of Economy, Pier Carlo Padoan intervening Ecofin Riga and illustrating the reforms in the pipeline for the country.

“Reversing this route in turn takes time and is based on a conquest of Daily Trust, but is increasing in the markets and institutions. At the Ecofin colleagues have said – said Padoan – we are making reforms in a credible way, which is not only ads but implementation “.

The minister went on to stress that the current management of the public budget “is healthy” and “shows the rating, the value of the spread and the cost of debt going down”; those derivatives “are known data, concerning the choices made in the past”, whose “consequences” will “gradually eliminated”, said Economy Minister Pier Carlo Padoan responds when asked if the derivative is a problem that worries the Treasury.

Arguments:
Ecofin
recession
Starring:
Pier Carlo Padoan

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