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MAY 01, 2013 - Yahoo! News

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Italy's Letta faces early squeeze over anti-austerity drive

By James Mackenzie ROME (Reuters) - Italy's new prime minister, Enrico Letta, is preaching an end to austerity while pledging to meet European Union debt targets and his fledgling coalition is already at odds over how to pay for cuts to an unpopular housing tax. Letta, who took his message to Berlin on Tuesday, is due to meet French President Francois Hollande later on Wednesday where he can expect a favorable hearing for his calls for Europe to start focusing on economic growth as well as budget rigor. ...

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