Berlusconi suggests new mandate for ECB

Italian Prime Minister Silvio Berlusconi said on Thursday 27 October that he had suggested to fellow European Union leaders the idea of changing the European Central Bank's mandate because inflation no longer represented a problem for the eurozone.

"Inflation is not a fear any more," Berlusconi told a news conference at the end of a one-day summit of EU leaders. "I talked about the need to change the ECB's mandate today."

Berlusconi said public spending to revive EU economies was now more

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