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Barroso meets Monti ahead of EU Summit

European Commission president José Manuel Barroso on Thursday met Italian Prime Minister Mario Monti only a few hours before the start of the EU Summit. Barroso called for 'openness and high ambition', adding he was 'delighted' that EU finance ministers reached unanimous agreement on the Single Supervisory Mechanism. The president also welcomed Italy's ambitious reforms and consolidation agenda. 'Significant measures have been taken over the past year to bring down Italy's excessive deficit and to tackle Italy's high government debt', he added. 

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