Austrian FinMin Loeger: Greek debt crisis will not repeat itself in Italy

Reuters reports comments delivered by the Austrian Finance Minister Hartwig Loeger, as he spoke about the Italian debt woes in an interview with the Handelsblatt newspaper on Sunday.

Key Quotes:

"The Italian economy has more substance than the Greek."

"And in Italy there have at least been some structural reforms, as opposed to Greece in the past. As such the Greek debt crisis will not repeat itself in Italy."