Brussels, 20/02/2012 (Agence Europe) - Italy does not need any new austerity plan, even if the recession were to continue, Italian Prime Minister Mario Monti assured representatives of the Italian financial world, meeting in the Milan stock exchange on Monday 20 February.
He said that room for manoeuvre had been built in to the €20 billion austerity plan adopted by the Italian Parliament in December of last year (see EUROPE 10518) and that this should allow Italy to return to budgetary...