Monday, August 22, 2016 Troika seeks to relaunch EU at Italy summitGerman Chancellor Angela Merkel (centre), taly’s Prime Minister Matteo Renzi (right), and French President François Hollande (left), leave a press conference during a meeting at the chancellery in Berlin. The location for today’s summit carries particular resonance as Europe confronts Islamic extremist violence, slow economic growth and continued anxiety over the implications of the Brexit vote. Today’s mini-summit will serve as a warmup for an EU-wide summit in Bratislava in September designed to chart the EU’s post-Brexit way forward. According to recent Eurostat figures, growth was flat in Italy in the second quarter, compared with 0.4 percent growth in the EU. Youth unemployment was even worse: 36.5 percent in Italy, exceeded in the EU only by Spain, and nearly twice as high as the EU average of 18.5 percent.

Source: Bueno Aires Herald August 22, 2016 03:11 UTC