04.10.2014 - 06:33 [ Ansa ]

Renzi says danger in status quo, urges revamp of EU

Renzi has been pressing hard for a relaxation of the EU‘s budget rules, particularly the 3% limit, in terms of spending on investments like infrastructure.
He expressed solidarity with the government of France, which announced this week it would not meet the 3% limit until 2017 and would not impose austerity measures on its public to speed things up.