Italy's Tria says govt must have clear debt reduction strategy

Italy's government must have a clear strategy to reduce the country's 2.3 trillion euro ($2.6 trillion) public debt in order to shore up confidence, Economy Minister Giovanni Tria said on Tuesday.

"When it comes to confidence, we must stick to the goal of financial stability and therefore plan the path to contain and reduce public debt to which the government is committed despite the economic slowdown," Tria told a business conference. "On this path, we must be clear with citizens, markets, the European Commission and European partners." ($1 = 0.8833 euros)