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MAY 01, 2013 - Yahoo! News

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Italy's Letta wins French backing for focus on growth

By James Mackenzie ROME (Reuters) - Italy's new prime minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor, but problems lay closer to home with coalition partners demanding tax cuts that would blow a hole in the budget. Letta, who took his message to Berlin on Tuesday, met French President Francois Hollande and said he was "100 percent satisfied" with the meeting and Hollande's response to his calls for Europe to start focusing on growth as well as consolidation. ...

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