Italy, Austerity Package | featured news

Italy Passes $40 Billion Austerity Plan

Italy’s Senate voted overwhelmingly in favor of a package aimed at eliminating Italy’s budget deficit by 2013 and stimulating its economy as part of a broader plan to stabilize the euro.

 

Italy and Spain pass budget plans

Italy and Spain pass new measures as they battle to control their debts while Greece steps up its austerity plans.

 

Italian Senate approves austerity package

Italian Senate approves austerity package

The Italian austerity budget worth nearly 48 billion euros was approved by the upper house of parliament on Thursday, overcoming its first parliamentary hurdle.

 

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