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Renzi meets Draghi in private, Italian debt hits record high

14.08.14 @ 09:25

  1. By EUOBSERVER

Italian Prime Minister Matteo Renzi held a private meeting with ECB President Mario Draghi in rural Umbria on Wednesday, just days after the ECB urged faster action to overhaul Italy's economy. Italy's public debt reached a new record high of €2.168 trillion in June, the Bank of Italy reported Wednesday.