(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).
ECB should have courage to cut rates drastically says FM
25 basis points at a time not enough