Italy must wait to see if reform efforts impact budget goals - minister


  • World
  • Tuesday, 11 Mar 2014

BRUSSELS (Reuters) - Italy will have to wait to judge whether planned structural reforms will affect its ability to meet strict European Union budget limits, Economy Minister Pier Carlo Padoan said on Monday.

Speaking after a meeting of euro zone finance ministers in Brussels, Padoan said that it was generally accepted that structural reform measures, which took time to bear fruit, could have a temporary impact on public finances.

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