 "Italy's new PM Letta says nation will stay 'pro-Europe'")
Rome: Italy’s new premier says his broad coalition will work to heal the nation’s finances while encouraging economic growth.
Enrico Letta is laying out his vision Monday of a pro-European Italy focused on spurring investments and job creation. The center-left leader, who has brought media mogul Silvio Berlusconi’s conservatives together in a tense coalition, is seeking support as he faces for confidence votes in Parliament.
Appeasing Berlusconi, Letta said Italians won’t have to pay an unpopular property tax this June while a system fairer to the less affluent is devised.
Financial markets have already signaled approval of this apparent end of the months-long political deadlock. Letta says he’ll soon go to Brussels, Berlin and Paris to reassure EU allies about Italian economic seriousness.
Associated Press
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