Europe's leaders, including German chancellor Angela Merkel, are pushing for a rapid implementation of the recent deal to boost the European rescue fund before the debt crisis gets even worse.
Meanwhile, Italy has promised to cut its deficit earlier than planned in a bid to boost market confidence in its economy.
Italy will speed up its austerity measures and will seek a balanced budget in 2013, a year earlier than planned, Prime Minister Silvio Berlusconi said in a Rome press conference.
For more: Europe's leaders push for speedy fund changes as Italy cuts deficit - European, Business - Independent.ie
No comments:
Post a Comment