ECB should have courage to cut rates drastically says FM

(ANSA) - ROME, AUG 22 - Public debt can be reduced "also by increasing access to credit concerning businesses and families" - through a reduction of interest rates, Deputy Premier and Foreign Minister Antonio Tajani, leader of Forza Italia (FI), told a meeting in Rimini on Thursday.
    "It is time for the European Central Bank to take courage and cut the cost of money", noted Tajani, citing the risk of recession in Germany, "25 basis points at a time are not enough, so I think it is necessary to intervene in a drastic manner". The foreign minister went on to tell the gathering organized by Catholic group Comunione e Liberazione (Communion and Liberation, CL) that, "certainly, the European Central Bank is free to do what it wants, but a politician is also free to give ideas and suggestions on this issue". (ANSA).