Italy centre-left ally says EU must loosen budget rules


ROME (Reuters) - A leading member of Italy's centre-left coalition, frontrunner in polls for this weekend's election, said on Thursday the country should seek revisions of European Union budget rules.

"We have a duty to renegotiate the fiscal compact," Nichi Vendola, leader of the Left Ecology Freedom party (SEL), told a briefing for foreign reporters. "Europe needs expansive economic policies."

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