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ECB / Trichet : Italy’s austerity program going in right direction

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ROM ( Dow Jones) – The President of the European Central Bank ( ECB ), Jean -Claude Trichet , has praised the austerity program of the Italian government in principle , rejected a final assessment , however .

"Said the measures adopted on May 25, going in the right direction, above all, they support the stability program in the country , " Trichet in an interview published On Thursday the newspaper "La Repubblica ".
He also pointed out, however, that the situation was still under review and that particular attention in this context, the verdict was the EU Commission, which was responsible for budget issues. " To my knowledge, is the package has not yet been examined in detail , "the ECB president .

Website: www.repubblica.it
DJG / have / ebb / ISJ