Obama hails Renzi's Italian reforms, criticises EU austerity

Obama hails Renzi's Italian reforms, criticises EU austerity
 

Barack Obama praised the political "vision" of Italian Prime Minister Matteo Renzi in a newspaper interview on Tuesday ahead of a state visit by Renzi to Washington, and criticised EU rules that rein in national budgets.
"I believe the austerity measures have contributed to slowing growth in Europe," the U.S. president told la Repubblica daily, adding that Renzi understood the need for reforms to increase productivity and stimulate investments.
Obama's words are a boost for Renzi, who faces a referendum on constitutional reform that could decide his political future and... read more

 
18 October 2016 in World News, Views: 33
Source: Reuters
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