Italy will meet its debt target, says economy minister

(AGI) Milan, Sept 12 - Italy will meet its debt target, EconomyMinister Pier Carlo Padoan said on Friday. "The 2.6 percenttarget was compatible with a different macro-economicscenario," he told reporters at a Eurogroup meeting in Milan.He confirmed Italy's commitment not to overshoot the 3 percenttarget. He went on: "As the ECB said in its bulletin, themacro-economic scenario is much worse than six months ago, withobvious consequences on public finances. Despite this, weintend to fulfill our commitment." (AGI) . .

(AGI) Milan, Sept 12 - Italy will meet its debt target, EconomyMinister Pier Carlo Padoan said on Friday. "The 2.6 percenttarget was compatible with a different macro-economicscenario," he told reporters at a Eurogroup meeting in Milan.He confirmed Italy's commitment not to overshoot the 3 percenttarget. He went on: "As the ECB said in its bulletin, themacro-economic scenario is much worse than six months ago, withobvious consequences on public finances. Despite this, weintend to fulfill our commitment." (AGI) . .