Italy EconMin Tria: No need for budgetary adjustment

Italian Economy Minister Giovanni Tria recently crossed the wires arguing there was currently no need for a budgetary adjustment.

Key quotes (via Reuters)

Macroeconomic fundamentals do remain positive.
GDP growth could pick up again soon.
If deficit increase is due to growth slowdown, so structural deficit goal agreed with EU is not affected.
Italy needs to boost public and private investments.

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