(ANSA) - Rome, July 28 - Premier Matteo Renzi said
Thursday that austerity was crazy and the European Union needed
to move in a new direction that puts emphasis on public
investment as an engine for growth and job creation.
"By putting things right in Italy we give a clear
direction to the EU," Renzi said as he inaugurated the new
'Guadrilatero' highway infrastructure at Colfiorito in the
central region of Umbria.
"Today isn't just the inauguration of a raid. Italy is
leaving behind things that were left half done and it can go to
Europe and say that it's necessary to invest more in
infrastructure and end the austerity that cut investments.
"It's necessary to accept that this was cultural madness,
more than economic madness".
Renzi says austerity crazy (2)
Premier stakes claim for role of public investment