Italy’s Tria and U.S. Mnuchin hold ‘constructive meeting’ over budget

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October 12, 2018

ROME (Reuters) – Italy’s Economy Minister Giovanni Tria met U.S. Treasury Secretary Steven Mnuchin on Friday in Bali, stressing Rome’s determination to ensure a reduction in the country’s debt to gross domestic product ratio, an Italian Treasury statement said.

“(Tria) stressed… the intention to maintain a constructive dialogue with the EU Commission and the other Euro area partners,” it said.

The statement added that Tria also told Mnuchin about Italy’s willingness to maintain an “active and positive role in the process of strengthening the Euro area and the EU.”

In a tweet, Mnuchin defined the meeting with Tria as “constructive” and said the two officials had discussed Italy’s fundamentals and the government’s efforts to increase growth and reduce public debt.

(Reporting by Giuseppe Fonte, writing by Stephen Jewkes)

Vía One America News Network https://ift.tt/2NCZGUJ

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