The Audit Court's Angelo Buscema
said Tuesday that an ongoing review of public spending has not
reduced overall expenditure levels. He said, while the measures
had safeguarded "interventions to support production sectors,
they have not produced results in the overall containment of
expenditure". Buscema added that the "high level of the public
debt" was Italy's factor of "greatest vulnerability". He said
this made it necessary to take rigorous action to bring the debt
down and not just to meet EU commitments.
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