Euro Central Bank’s Trichet says Italy must meet budget goals

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02-09-2011 | 02:10
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Euro Central Bank’s Trichet says Italy must meet budget goals
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Euro Central Bank’s Trichet says Italy must meet budget goals
Italy must make structural reforms and maintain the commitment it made last month to cut its deficit and increase the flexibility of its economy, European Central Bank President Jean-Claude Trichet said.    

In an interview with Italian business daily Il Sole 24 Ore published on Friday, Trichet said that measures announced on Aug 5, when Prime Minister Silvio Berlusconi pledged to balance the budget by 2013, were "extremely important".    

"It is therefore essential that the objectives announced for the improvement of public finances be fully confirmed and implemented," he said.
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