Paris gives Rome 'friendly' advice on budget
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Italy should respect EU "budgetary rigour", but eurozone states should show "greater public solidarity" if a member state treasury has bad luck, the French central bank president, Francois Villeroy de Galhau, said in what he called a "friendly" op-ed in Italian newspaper Corierre della Sera Friday. Rome faces EU sanctions over its plan to splurge on welfare, with the French banker urging it to commit "to a stable European framework"