EU confident Italy's new govt will continue reforms, austerity


  • World
  • Tuesday, 18 Feb 2014

BRUSSELS (Reuters) - The European Union's economic chief Olli Rehn said on Monday he was confident that Italy's new government would continue with fiscal consolidation, debt reduction and reforms to boost the country's competitiveness.

Italian centre-left leader Matteo Renzi said earlier on Monday he would begin talks to form a new government within 24 hours, and expected to lay out a program of reforms to be completed over the next few months.

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