Italy’s FinMin Gualtieri: Eurozone needs more expansionary fiscal policy

Italy's incoming Finance Minister Roberto Gualtieri was reported by Reuters last minutes, as saying that there will be no more clashes with the European Union (EU) or boycotting of negotiating tables.

Eurozone needs more expansionary fiscal policy, Gualtieri added.

He reiterates the ECB Chief Draghi’s words delivered yesterday at the ECB post-monetary policy press conference. These comments render EUR-positive.

• EU’s Dombrovskis: EU looking at ways to improve public spending, favor investments to spur growth