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Economy Minister Pier Carlo
Padoan said Wednesday that Italy's debt/GDP ratio "has finally
been stabilised but it is in the national interest to reduce it
with an adjustment contained in the process of consolidation".
Padoan was speaking after the publication of an EU letter
warning it may start an infringement procedure unless Italy
makes a 0.2% budget adjustment by the end of April, the
equivalent of 3.4 billion euros.
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