Europe should 'give more powers' to regional authorities, Italian lawmaker says

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Europe should 'give more powers' to regional authorities, Italian lawmaker says
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Europe should recognize the value of regional authorities, according to the president of one of Italy's most economically powerful regions.

Europe should look beyond the influence of member states and start to recognize the value of regional authorities, according to the president of one of Italy's most economically powerful regions.

"I am worried by the way Europe is solving issues," Attilio Fontana, president of the Lombardy region in northern Italy, told CNBC's Julianna Tatelbaum on Thursday. Late last month, the European Commission warned that Italy was facing excessive economic imbalances, with the policies of its euroskeptic and populist coalition government posing a threat to other euro zone countries.

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