Brussels, 05/09/2006 (Agence Europe) - The objective of bringing the Italian budget deficit to below 3% “is not enough”, as “with a deficit of 2.8% we are barely putting a brake on the public debt in relation to GDP. To systematically reduce the debt, a deficit of less than 2% and an underlying balance”. This is what Lorenzo Bini-Smaghi, an Italian member of the European Central Bank's (ECB) board of governors, affirmed in an interview to Corriere della Sera on 5 September. He warned...