Brussels, 20/09/2011 (Agence Europe) - The European Commission says that the new legislation that Italy passed in the summer will enable it to rectify its public finance and encourage growth. This follows the downgrading of Italy's long-term debt from A+ to A by credit rating agency Standard & Poor's (see EUROPE 10447). On Tuesday 20 September, EU Economic and Monetary Affairs Commissioner Olli Rehn said that Italy had taken the measures needed to meet the targets it has set. He said the aim...