|
|
Article: Italian PM says public accounts under control
- Article from:
- Xinhua News Agency
- Article date:
- May 8, 2007
CopyrightCopyright 2007 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
|
Italian PM says public accounts under control
ROME, May 8 (Xinhua) -- Italian Prime Minister Romano Prodi said
Tuesday that Italy's budget deficit was expected to fall back below
the European Union's 3 percent cap to 2.3 percent this year, from 4.4
percent in 2006.
Speaking at an international business conference in Rome, the
premier said that "in a year, the public accounts have been
completely consolidated."
"The accounts emergency is over although a lot still remains to be
done," said Prodi.
The 2006 deficit was the highest in 10 years.
Straightening Italy's public accounts has been ...