Berlusconi calls for easing of the Stability Pact

Italian Prime Minister Silvio Berlusconi has said of the EU's Stability and Growth pact that "The 3 percent should not be taken as an absolute value beyond discussion and might be adjusted down by one or two percentage points or up to 4 or 5 percent if you are facing economic stagnation."

Source: EU Observer

Silvio Berlusconi, the Italian Prime Minister, has once more opened the uneasy debate on the Pact governing the euro by making a strong call for an easing of the rules.

Mr Berlusconi called