Italy says French call for European govt should be considered
ROME May 17 (Reuters) - Italy said French President Francois Hollande's call for a joint European economic government should be considered, Foreign Minister Emma Bonino said on Friday.
"We take note with satisfaction the French position," Bonino told a news conference. She added Hollande's proposal "must be taken into consideration and must be explored".
Hollande called on Thursday for an economic government for the euro zone with its own budget, the right to borrow, a harmonised tax system and a full-time president.
- U.S. man sues soccer star Cristiano Ronaldo over CR7 trademark
- Moscow fights back after sanctions; battle rages near Ukraine crash site |
- Wall St. tumbles; S&P below 50-day moving average
- Netanyahu vows to complete Gaza tunnels destruction |
- Argentina defaults but investors see eventual deal possible |