I’m not responding for Italy, or for a particular country, it is simple arithmetic.” How can a high ratio of debt be reduced, especially in countries with low growth, like Italy? “Italy is not the only country with a high ratio. The reduction of the debt is a matter of appropriate decisions.
It is true that, when global growth is relatively low, it make things more complicated. But a high level of national debt is hampering growth. So, regaining control of the debt dynamics and reducing the debt outstanding as a proportion of GDP is good for growth and foster medium- and long-term prosperity.” The Governing Council will be in Venice in ten days.