Italy's Prime Minister, Mario Monti, on Tuesday reassured the EU that Italy is on the right track to achieve the commitments agreed during Euro Summit talks on 26th and 27th of October. After a meeting with president of the European Commission, Jose Manuel Barroso, the Italian Premier said his new government can push ahead with bigger reforms than his predecessor.
However, Monti also told journalists in his first visit to Brussels that his meeting with Barroso wasn't focused on weather Italy can achieve the economic reforms by 2013, but rather on potential institutional reforms in Europe as a whole. When asked about fiscal policies in Italy, Monti stated that all technical details will be discussed with Olli Rehn, European Commissioner for economic and monetary affairs, on Friday in Rome.
For his part, president Barroso expressed his full support to Monti's determination of tackling the Italian problems. "In these times of crisis and despite huge economic head-winds, Italy is determined to tackle its ...