Brussels

EU president has 'full confidence' in Italy's commitment

Country's growth prospects will increase if it persists on path

EU president has 'full confidence' in Italy's commitment

Brussels, February 28 - European Union President Herman Van Rompuy on Thursday said he had "full confidence that Italy would continue to be a stable and strong member of the European Union and the eurozone" following Italian elections earlier this week which boosted the standing of parties seen as hostile to the European project and the single currency. In a joint press release issued after meeting outgoing Italian Premier Mario Monti, Van Rompuy and Monti said that "Structural reforms so far applied in Italy have helped re-establish markets' confidence and its international credibility". If Italy continues along this path, the reforms "will significantly increase the country's growth prospects," the leaders said in their joint statement. Monti met with Van Rompuy following his attendance of the EU's European Competition Forum.

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