Courage is needed for a European
sovereign wealth fund to protect businesses, Premier Giorgia
Meloni said after talks in Rome Monday with European Council
President Charles Michel.
"Europe must protect its companies and it must do so with
courage. The Italian position means above all flexibility on
existing funds," Meloni told the press after her meeting with
Michel.
"We need caution on relaxing the rules on state aid, the
objective is to support businesses without risking weakening the
single market.
"We need the courage to o implement instruments such as a
European sovereign wealth fund."
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