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Renzi says Italy will respect EU commitments

Commission stresses Rome must abide by Stability Pact

13 March, 17:19
Renzi says Italy will respect EU commitments (ANSA) - Rome, March 13 - Premier Matteo Renzi said Thursday that Italy will abide by its budget commitments to the European Union after announcing a major package of tax cuts and investments on Wednesday. "I want to say that the Italian government will respect all the commitments it has with Europe," he said. However, the leader of the centre-left Democratic Party (PD) also stressed that the EU should not just be a severe policeman of fiscal discipline.

"We have to make it possible for Europe to be a Europe of the people and of the citizens, not just of limitations," Renzi told a conference on Europe in the Lower House.

"We have to get away from the leap-year concept of Europe, in which every four or five years we vote (in European elections) and then for the rest of the time the technicians handle Europe". He also reiterated that his government, which was sworn in last month, wants to put Italy's public finances in order not to keep the EU happy, but "because our children ask us to".