monti says agrees with merkel on budget discipline
Last Updated : GMT 10:47:28
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Monti says agrees with Merkel on budget discipline

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Arab Today, arab today Monti says agrees with Merkel on budget discipline

Rome - AFP

talian Prime Minister Mario Monti said in an interview published Wednesday hours before hosting talks with German Chancellor Angela Merkel that the two wanted growth but not at \"the expense of budgetary discipline.\" The Frankfurter Allgemeine Zeitung quoted Monti on its website as saying that after last Thursday\'s Brussels EU summit the press should have written \"Angela + Monti = a step forward for European economic policy.\" The German daily said Monti rejected the impression that there had been deep differences between him and Merkel over debt mutualisation. He explained that while Italy had gone for growth, it was \"not at the price of budgetary discipline\" which is treasured by Merkel. He said that in Brussels he had contributed through a \"classical negotiation method\" to working towards \"growth and financial stability\" in Europe. Monti conceded that his government would find it \"impossible to reform the country from top to bottom in a year and four months\" but he said he hoped that the government would \"bring Italy out of the financial crisis to take the road to growth.\" A press conference is scheduled in Rome later Wednesday following the talks between the two European leaders.

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