Italy is "certainly" one of the
factors that have prompted a sharp reduction in eurozone growth
forecasts for this year, European Central Bank Governor Mario
Draghi said Thursday.
Countries with high public debt like Italy should increase
their efforts to cut it, Draghi said.
Italy has the second-highest debt in the eurozone after
Greece, at over 130% of GDP.
Draghi also said there were signs of marked slowdown in
growth in the eurozone.
He said the ECB would leave rates unchanged in 2019 and would
make new loans to banks.
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