EU draft document urges more focus on growth, jobs

BRUSSELS/ROME (Reuters) - European leaders will consider calls for an interpretation of EU budget rules that gives more emphasis to economic growth, according to the draft of a document being circulated before a summit in Brussels this week.

The document, which European Council President Herman Van Rompuy is drawing up in consultation with Italy, the next country to hold the rotating EU presidency, marks a major effort to reset the EU agenda away from the budget cuts and tax squeezes that characterised the initial reaction to the euro zone debt crisis.