The president of Italian
stock-market regulator CONSOB, Paolo Savona, said Tuesday that
Italian public debt is exposed to speculation.
"In the new budget law," he added, "Italy should create a
preamble" making it possible to go over European parameters but
which would enable the country to "get by" through a pact with
the EU.
The European Central Bank (ECB), he noted, "will be
aggressive and Italy should commit to revising its budget
structure entirely" in order to push debt to GDP ratio close to
zero.
ALL RIGHTS RESERVED © Copyright ANSA