'Italy debt totally under control' says Padoan - update

'Debt will decrease if eurozone inflation reaches 2%'

(ANSA) - Strasbourg, January 2 - Economy Minister Pier Carlo Padoan said Monday that Italy's debt "is totally under control".
    "The nation's debt will quickly decrease if eurozone inflation returns to normal levels - that is around 2% - and as soon as structural reforms give the economy vital sap," Padoan told the European Parliament. "It is important to keep working towards a solid, united euro," he added. The minister said growth "will improve" in 2015 and so will "sovereign debt sustainability".
   

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