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Image header Agence Europe
Europe Daily Bulletin No. 11021
ECONOMY - FINANCE - BUSINESS / (ae) italy

Italy briefs Commission on scale of its spending review

Brussels, 18/02/2014 (Agence Europe) - On Monday 17 February, Italy's Economy Minister Fabrizio Saccomanni submitted preliminary information about Italy's structural savings plans to Euro Commissioner Olli Rehn on fringes of the Eurogroup meeting.

Preliminary data from the Italian spending review suggest structural savings to the tune of 2% of GDP by 2016, said Saccomanni in a press release published on Monday 17 February.

The figures have not yet been formalised in Italy and will not be...

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