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Home » International News » Italy’s Renzi Calls for Europe to Change Course on Austerity

Italy’s Renzi Calls for Europe to Change Course on Austerity

Reuters ROME — Italian Prime Minister Matteo Renzi called on Tuesday for a change of course in Europe, saying that austerity policies on their own could not guarantee fiscal stability in the face of rising unemployment and economic stagnation. Speaking in parliament ahead of this week’s European Union summit, Renzi said Italy was not asking for a relaxation of EU budget rules but for existing rules…