Brussels

Monti says Italy will honour deficit pledge

Threshold of 3% of GDP won't be broken by debt payback plan

Monti says Italy will honour deficit pledge

(see related stories) Brussels, April 3 - Outgoing Italian Premier Mario Monti called European Economic and Monetary Affairs Commissioner Olli Rehn Wednesday and said that Italy's plan to pay 40 billion euros of public-sector debt to private firms will not affect its commitment to keeping its deficit for this year under the threshold of 3% of GDP, EC spokesman Olivier Bailly told ANSA.

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