Time has come to radically reform country, says Padoan
'Comeback' on the way says new economy minister04 March, 18:52
"We have to remove the tight spots choking our society, open our society to the contribution of the youngest and all those who have worked to serve the common good," he said.
Padoan was appointed economy minister as part of Premier Matteo Renzi's new cabinet, which was sworn in last month.
A former chief economist of the OECD, he faces a tough job as the country is struggling to get out of its worst recession since World War II.
Padoan has also previously served as an economic advisor to Italian premiers Massimo D'Alema and Giuliano Amato, in charge of international economic policies.