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Italy's econ min sees no need to renegotiate debt plan

LONDON, April 29 (Reuters) - Italy does not need to renegotiate the pace of debt reduction stipulated under the European Union fiscal compact, Economy Minister Pier Carlo Padoan said on Tuesday.

"Italy does not need to renegotiate anything," he said in response to a question after a lecture in London.

He also said the European Central Bank should have the option of using a programme of asset purchases known as quantitative easing but it would be hard to carry this out.

"I think QE should be, and has been, included in the tool box of the central bank but that is not easy to implement because of the specificities of (a) euro zone that is still not fully integrated," he said at the London School of Economics.

(Reporting by Francesco Canepa; Editing by Mark Heinrich)