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Government approves new austerity measures
posted on: Dec 5 2011 9:51 by RDugey. Viewed 13 times.
The new Italy Government approved Sunday the emergency measures of austerity and growth which seeks help to save the euro collapse.
The Prime Minister, Mario Monti, announced the adoption of measures last night, after a three-hour cabinet meeting. He said that the aim is to "awaken" to the economy italiana.
The Council of Ministers planned to initially meet today Monday, but was preferred to bring forward the meeting yesterday.
Boost growth
Monti, who is under extreme pressure to take quick and credible measures that convince the markets to let bet against the currency, said that the measures include cuts in austerity budget and instruments to combat tax evasion, in order to promote the growth of the anemic economy Italian.
Premier describe measures today Monday before Parliament, which must approve them. Monti became the end of u000aweek meeting with political parties, trade unions, business groups, consumer advocates and al.
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