find paths that build on recent reforms to return greece to wealth. we ll discuss the importance of all our major economies taking ambitious action on climate change. during the presence of eu it areally showed real leadership as europe committed to new targets to reduce emissions. my work with renzi is our effort to forge a strong climate agreement in paris this year. finally, i want to congratulate italy and people of milan as they prepare to host the 2015 world expo. the focus is on food, something that italy knows about along with wine. the expo and our u.s. pavilion is focused not only on outstanding cuisine like italy s but how we feed a growing planet, to combat hunger and
our main concern is making sure that if iran doesn t a bide by the agreement we don t have to jump through a bunch of hoops in order to reinstate sanctions. i think that goal of having the reserve possibility of putting back and applying forceful sanctions in the event of violation violation, that goal can be met. it will require creative negotiations by john kerry and others. i m confident it will be successful. i very much appreciate by the way the support that has been provided by prime minister renzi as well as his former foreign minister who now is the eu representative in many of these discussions. with respect to russian sales, i will tell you this is a sale that was slated to happen in
and said, we recognize, you need to show your people that there s hope and you can grow. and we will be supportive of some flexibilities in how you move forward so that you can make investments and it s not just squeezing blood from a stone, but you have to show those who are extending credit and supporting your financial system you re trying to help yourself and that requires making the kinds of tough decisions that matteo is beginning to make. we did not discuss drones. we did not. last question from this side is margaret teller. thank you, mr. president. prime minister renzi. mr. president, i would like to ask you about iran. but before i forget i m hoping at the end of your answer you
down to 5.5%. we ve done this while reducing the deficit by two-thirds primarily because the economy grew much faster. it s been my view with the respect to europe that it s not an either or situation. sometimes it gets framed with what s the right answer for europe? is it austerity or structural reform? my attitude is yes, you need structural reforms. if labor markets are stuck, it s hard to hire particularly young people. if there s too much bureaucracy to start a new business business gos elsewhere or talented entrepreneurs start business somewhere else. i think prime minister renzi s government is on the right track
examining from libya, including the growing isil presence there, as well as additional coordination with other partners in how we can stabilize what has become a very deadly and difficult situation. more broadly, italian forces continue to play a vital role from kosovo to lebanon to afghanistan. coalition forces continue to train and assist afghan forces and we want to make sure we transition responsibly as we complete our consolidation by the end of next year. i updated president prime minister renzi on the framework that we reached with iran, our progress towards a deal that prevents iran from obtaining a nuclear weapon and until any final deal is reached sanctions on iran must continue to be fully and strictly enforced. that s what we talked about in the morning. after this press conference