italy approves austerity package
Sunday 6 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Italy approves austerity package

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Italy approves austerity package

Rome - Kuna

The Italian government approved, in an extraordinary cabinet meeting held on Friday, 45 billion euro austerity package to help balance its budget by 2013. In a press conference held after the meeting, Italian Prime Minister Silvio Berlusconi and Giulio Tremonti both highlighted the measures that could save 20 billion euro in 2012 and another 25.5 billion euro in 1013. Berlusconi described these astringent measures as \"fair and respond to the European Central Bank\'s requests\" to cut the public debt that was caused by a drastic sell-off of Italian stocks and bonds over the past month. \"The new economic measures are more balanced,\" he said, noting that \"they will include not only cuts in public expenditure but also tax imposition.\" On the other hand, Tremonti said that some of the measures, which will be announced in details later, include an extraordinary \"solidarity\" tax for high-earners. Anyone with an income over 90,000 eruo a year will be assessed an additional 5 percent tax in each of the next two years. The rate will be 10 percent for incomes over 150,000 euro. They will also abolish public administrations of towns with fewer than 1, 000 residents, impose cuts in ministry personnel salaries and perks totaling 6 billion euro and gradually raising the retirement age for women in private sector jobs.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy approves austerity package italy approves austerity package

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy approves austerity package italy approves austerity package

 



GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 23:35 2017 Saturday ,14 October

HM King congratulates French President

GMT 10:32 2017 Thursday ,10 August

No. 1 Murray out of Cincinnati with hip injury

GMT 07:10 2017 Monday ,06 February

Ahmed Zaher performs surprise role in new show

GMT 08:24 2017 Thursday ,04 May

Nahyan receives Speaker of Parliament

GMT 10:45 2017 Sunday ,12 February

Lebanese actress Nour praises “Good Night” film

GMT 20:15 2017 Friday ,18 August

Kuwaiti oil price up 24 cents to US$47.65 pb

GMT 21:32 2017 Saturday ,27 May

LMRA chief meets Indian ambassador

GMT 10:00 2018 Tuesday ,16 January

Volkswagen reports record global car sales

GMT 11:08 2018 Sunday ,07 January

More than 200 migrants storm Morocco-Spain border

GMT 13:35 2017 Wednesday ,22 March

Oman shares fall taking cues from regional bourses
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice