Italian Prime Minister Enrico Letta gestures as he holds a year end news conference in Rome December 23, 2013. REUTERS/Tony Gentile
ROME (Reuters) - Italian Prime Minister Enrico Letta promised on Monday to present a formal coalition pact in January with reforms ranging from an overhaul of the electoral law to cuts to bureaucracy and taxes.
Letta, appointed to head a grand coalition of left and right after last February's deadlocked elections, said 2014 would be the year in which a new generation of leaders could launch reforms to pull Italy out of two decades of stagnation.
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