17/06/2014 (Agence Europe) - Italy tries to soften Stability and Growth Pact. The head of the S&D Group at the European Parliament, Hannes Swoboda, says he has been in contact with the Italian authorities to draw up legislation to make the Stability and Growth Pact more flexible vis-à-vis investment spending without reducing the debt reduction aims. Italian media reported that Swoboda said on Tuesday 17 June that this was a precondition laid down by Renzi for agreement on the next president...