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EU Presidency

World news about “EU Presidency” published by euronews.

08/07 19:58 CET

Italy fails to get finance ministers agreement for more flexible European rules on austerity

Italy fails to get finance ministers agreement for more flexible European rules on austerity

Italy - taking over the European Union presidency - has been given the cold shoulder by EU finance ministers who rejected Rome's calls for a softer approach to spending reforms. Italian Prime Minister Mateo Renzi wants less focus on austerity and more on encouraging growth…