Italian PM urges EU to focus on fostering growth

BERLIN (AP) — Italy’s prime minister is urging the European Union to drop its insistence on austerity policies and promote initiatives fostering growth instead.

Prime Minister Enrico Letta said Tuesday in Germany “it is absolutely necessary” to foster growth and job creation to help the 27-nation bloc’s stalling economies “so that our citizens see Europe not as something negative but as something positive.”

Letta’s visit in Berlin for talks with Chancellor Angela Merkel marked his first official trip abroad and came only hours after his winning approval by the Senate in Rome.

Letta said his government will respect Italy’s European commitments to bring its public finances in order.

Merkel acknowledged Italy’s “substantial” progress in reforming its economy and bringing its finances in order but stressed budget consolidation and growth don’t exclude each other.

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s