Martedì, 23 Ottobre 2018

Eurozone must work 'collectively' to resolve crisis


Capri (Naples), October 26 - Italy's efforts to
reduce the public debt and promote growth will only be
successful if they are part of a collective action at European
level, Premier Mario Monti said on Friday.
"Italy has made difficult choices and introduced major
reforms in recent months in order to turn a new page" and help
resolve the crisis in the eurozone, the leader of Italy's
technocrat government wrote in a message to young industrialists
gathered for a convention in Capri.
However, "reforms and committments for growth in Italy, as
in all (EU) member states" can only be successful "within the
framework of collective action at European level", he said.
Monti congratulated the young industrialists on their
decision to put Europe and the future of the common currency at
the centre of the agenda for their convention, which will also
see participation by counterpart organisations from France,
Germany and Spain.
"The approval of a joint declaration on the future of
Europe, signed by the four youth organisations, is an important
act and an admonition to the European Council to take decisive
steps in the next few months to give the European Union an
adequate multiannual financial framework and the prospect of
developing into an authentic economic and monetary Union," he
"It is essential that the young generations, including
young people who find themselves in the front line in doing
business and creating new opportunities, see the European Union
as a necessary point of reference for their actions and engage
directly in planning its future," he concluded.

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