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Europe Daily Bulletin No. 11117

9 July 2014
ECONOMY - FINANCE - BUSINESS / (ae) economy
Renzi rocks boat over flexibility

Brussels, 08/07/2014 (Agence Europe) - The Italian prime minister, Matteo Renzi, said on Tuesday 8 July that investment in digital infrastructure should not be classified as expenditure under the stability and growth pact (SGP) rules.

At the Digital Venice forum, Renzi said that, leaving aside the ideological battle between austerity and flexibility, investment in digital infrastructure should not be included in the SGP rules.

His statement ruffled the Italian finance minister, Pier Carlo...

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