Padoan says Italy starting to tame 'monster' debt (2)

Minister says debt stopped growing, will start to fall

(ANSA) - Rome, April 4 - Economy Minister Pier Carlo Padoan said Monday that Italy has started to get its "monster' debt of over two trillion euros, more than 130% of GDP, under control. "Italy is one of the countries in the eurozone and the European union to have made the biggest effort on public finances and it is continuing to do because we have this monster debt, which now we are starting to tame," Padoan told a meeting on public finance organised by the Lazio regional government. "The debt has stopped growing and it will start to come down this year".


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