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Italy doesn't need ECB or EU help says Grilli

'Not useful or necessary now,' economy minister says

23 October, 13:26
Italy doesn't need ECB or EU help says Grilli (ANSA) - Rome, October 23 - Italy doesn't need any financial help from the European Union or to tap the European Central Bank's bond-buying programme, Economy Minister Vittorio Grilli said Tuesday.

"We don't need funds at this time," Grilli told parliament.

He said Italy was making good on budget commitments to the EU to put its financial house in order and avert any kind of bailout request.

"Asking for help now is neither useful nor necessary," Grilli said.

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