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DEI/Sole 24Ore: OECD: Italy’s debt “manageable”, says Gurria

Italy’s debt is high but can be managed if the country continues on its reform course. On this point, the Renzi government can count on a more favourable political climate than its predecessors. This was OECD Secretary General Angel Gurria’s comment as he presented the report on the euro-zone. Italy’s debt is high in numerical terms, observed Gurria, but has grown less than that of other countries during these crisis years. Moreover, the structure, content and type of debt-holder makes Italy’s a “more manageable” case. Source: Il Sole 24 Ore Radiocor.

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