Italy’s prime minister on Friday accused Germany’s central bank of blocking efforts to stimulate regional growth and putting the interests of financiers before citizens in the European Union.
Matteo Renzi, a youthful left-leaning politician who became the Italian prime minister in February, has adopted a muscular stance on the European stage since his party won a strong endorsement in elections to the European Parliament in May. Mr. Renzi has called upon the European authorities to put less emphasis on debt and deficit targets, a position that has provoked a public dispute with some prominent Germans.
On Friday, Mr. Renzi appeared to relish the chance to deliver a sharp retort to Jens Weidmann, the president of the German central bank, the Bundesbank. Mr. Weidman has long called for fiscal restraint by the most vulnerable euro zone countries, including Italy.
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