Italian Finance Minister Giovanni Tria commits to euro, aims to cut debt | News | DW


In his first interview since taking office, the Italian finance and economy minister Giovanni Tria sought to reassure jittery financial markets.

Tria, a little-known professor of economics who has no party affiliation, said the coalition was committed to staying in the European single currency. He also told the Italian newspaper Corriere della Sera that the government would not allow debt levels to go out of control.

Italy is grappling with a €2.3 trillion ($2.7 trillion) debt, which is 132 percent of gross domestic product (GDP) — the second highest ratio in the eurozone after…



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