Monti Says Italy Will Balance Budget in 2013, Tame Finances

Nov. 24 (Bloomberg) -- Prime Minister Mario Monti said it’s in Italy’s interest to pursue fiscal rigor and reiterated that the country will balance its budget in 2013.

Monti said economic growth will be vital for Italy as it seeks to tame public finances. He spoke at a news conference in Strasbourg, France, today after talks with German Chancellor Angela Merkel and French President Nicolas Sarkozy.

“I presented to my counterparts the path of the structural reforms that we want to implement,” Monti said.

To contact the editor responsible for this story: Jeffrey Donovan at jdonovan26@bloomberg.net