• Police have unprecented tools to fight evasion
• Pledges “stable” debt reduction after next year
• Italy should be relieved to see BTP-Bund spread easing fro peaks recently despite ECB buying
• Italian Bond purchases by ECB “almost ended”
• Bond auction results were “encouraging”, but market turbulence isn’t over
• Will present growth measures to EU Fin Mins on Jan23, measures to include liberalisations, labour market reforms
• Italian labour market still too “segmented”, law changes will aim to boost youth employment
• Doesn’t rule out operations to reduce stock of debt but focus remains on strong primary surplus for now
• Italian public comprehend sacrifices that are being asked of them