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Italy's new PM Letta says nation will stay 'pro-Europe'

FP Archives April 29, 2013, 20:37:43 IST

Italy’s new premier says his broad coalition will work to heal the nation’s finances while encouraging economic growth.

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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. [caption id=“attachment_738657” align=“alignleft” width=“380”] Enrico Letta. Reuters Enrico Letta. Reuters[/caption] 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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