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Joint statement by President Barroso and Italian Prime Minister Mario Monti

President Barroso © EU

After a working breakfast, President Barroso and Italian Prime Minister Mario Monti said in a joint statement that fiscal consolidation in Europe should proceed alongside targeted investments, to enhance competitiveness while contributing to increasing demand in the short term.

They agreed that the single market was the strongest asset for the promotion of growth and jobs at European level. It needs to be further developed and enforcement of its rules strengthened. There should in particular be faster and more effective progress in the digital, energy and services sectors.

President Barroso and Prime Minister Monti agreed to meet again on 15 May.

Read here the entire statement