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Europe Daily Bulletin No. 10819

4 April 2013
ECONOMY - FINANCE / (ae) italy

03/04/2013 (Agence Europe) - Deficit: Monti reassures Rehn. The outgoing Italian Prime Minister, Mario Monti, has reassured the Commissioner in charge of the euro, Olli Rehn, over Italy's commitment to keep its public deficit below 3% of GDP, despite a recent decree on the payment, in 2013 and 2014, of €40 billion in payment arrears, a European Commission spokesperson has stated, the Italian news agency ANSA reported on Wednesday 3 April. (MB/transl.fl)