Economics

Italy Wants the EU to Change Tack on Growth and Security

  • Junior minister Gozi urges longer Juncker investment plan
  • Gozi calls for “more expansionary economic policy” in Europe

Pedestrians walk along Via Montanini in Siena, Italy, on Friday, Aug. 5, 2016.

Photographer: Marc Hill/Bloomberg
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Italy is seeking an expansionary push for growth in the European Union as the bloc forges a new course after the U.K. voted to leave, Prime Minister Matteo Renzi’s junior minister for European affairs said.

Undersecretary Sandro Gozi, speaking ahead of an Aug. 22 informal meeting of Renzi, German Chancellor Angela Merkel and French President Francois Hollande, called for a wide-ranging agreement to boost cooperation on security and defense as well as an expansionary economic policy to boost European growth.