Where Ferraris Get Made, Merkel Reassures Renzi on Budget Rules

Italian Prime Minister Matteo Renzi, right, and German Chancellor Angela Merkel, left, arrive for a joint press conference during a bilateral meeting at the Ferrari farm in Maranello on August 31, 2016.

Photographer: Giuseppe Cacace/AFP via Getty Images

German Chancellor Angela Merkel, flanking Prime Minister Matteo Renzi at the home of Ferrari, said she was convinced that a “rational solution” could be found to her Italian host’s need for budgetary leniency.

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