23 Jun 2012

Economic growth measures agreed

11:25 am on 23 June 2012

The leaders of the Eurozone's four biggest countries have agreed to increase measures to boost economic growth.

Prime Minister Mario Monti of Italy, Prime Minister Mariano Rajoy of Spain, Chancellor Angela Merkel of Germany and President Francois Hollande of France met in Rome before an EU summit on the euro crisis next week.

The ABC reports the deal symbolises a new emphasis on stimulus rather than austerity. But there was still no consensus on issues such as common eurobonds.