PM Monti Vows to Balance Italian Budget by 2013


Italy's new Prime Minister Mario Monti insisted at Eurozone debt crisis talks Thursday that his country would balance its budget in 2013, despite rising doubts over its ability to do so.

Monti said after the talks with French President Nicolas Sarkozy and German Chancellor Angela Merkel that he had laid out his economic program to the leaders, "confirming the objective of a balanced budget in 2013."

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