Bloomberg News

Baroin Says Italy Needs to Cut Debt as Investors Test Country

October 25, 2011

Oct. 25 (Bloomberg) -- French Finance Minister Francois Baroin said that Italy needs to cut its debt as investors test the country’s readiness to carry out economic reforms.

Baroin also said that France is determined to avoid a credit event on Greek debt. He spoke on Canal Plus television.

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net

To contact the editor responsible for this story: Mark Deen at markdeen@bloomberg.net


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