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We'll see how to get flexibility margins says Padoan (2)

'Deficit/GDP ratio 2.6% in 2015, will keep dropping'

Redazione Ansa

(ANSA) - Rome, September 16 - Economy Minister Pier Carlo Padoan said Wednesday the government "is weighing the most effective way to obtain further margins" of budget flexibility from the EU "both because of efforts at structural reforms and as a contribution to investments". He said the deficit/GDP ratio would be 2.6% in 2015 and would "continue to drop". Premier Matteo Renzi says Italy should be entitled to more wiggle room to help lift the economy, as Germany and France have done in the past.
   

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