Rome

Italy does not need EU bailout, says Letta

Country number one in Europe for fiscal consolidation

Italy does not need EU bailout, says Letta

Rome, July 9 - Structural reforms must continue in Italy since they will ensure improvements in the country's economy, but the country is not in need of a European Union bailout, Premier Enrico Letta said on Tuesday. "Reforms introduced will bring good results. I am sure that growth will arrive," Letta said in an interview with BBC4 radio. Italy is in "first place" in the EU for fiscal consolidation, Letta said.

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