Economy Minister Pier Carlo
Padoan said Friday the nation's debt is at a standstill.
"Italian debt is not rising and if it does, it's not Italy's
fault," he said. With inflation at 1.8%, real growth of 1% and
nominal growth of 3% "public debt would take a speedy downward
path," the minister said. Padoan went on to say he supports
European Central (ECB) Mario Draghi's efforts to restart
eurozone growth via quantitative easing. "I think this is the
direction to take in Europe," Padoan said.
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