2012-06-22cnbc.com

After four-way talks in Rome's Renaissance Villa Madama, Italian Prime Minister Mario Monti said the European Union should adopt pro-growth measures worth about 1 percent of the region's gross domestic product at a crucial summit next week.

But the three others made no perceptible progress in pushing Merkel, who leads Europe's most powerful economy and the main contributor to its rescue funds, toward mutualizing Europe's debts or using existing bailout resources more flexibly.



Comments: Be the first to add a comment

add a comment | go to forum thread