New PM vows to save Italy from austerity

April 29, 2013 20:55

Italy's new Prime Minister Enrico Letta said today his coalition government would act fast to reverse an austerity policy he argued was killing Italy and called on Europe to become a motor for growth. "Italy is dying from austerity alone.

Growth policies cannot wait," Letta said during his inaugural speech to parliament, under the watchful gaze of European partners. The leftist moderate, who was sworn in with his cabinet yesterday, promised to have results in 18 months or "take the consequences."

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