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Image header Agence Europe
Europe Daily Bulletin No. 11058
ECONOMY - FINANCE - BUSINESS / (ae) italy

Renzi's shock therapy to meet budget targets

Brussels, 10/04/2014 (Agence Europe) - Unveiling his three-year finance plan for 2014 to 2016, the new Italian prime minister, Matteo Renzi, is planning to meet Italy's budget commitments to Europe.

Italy's financial and economic document (DEF) is resolutely social democrat in inspiration, bearing similarities to what has been announced in France to boost the economy (see EUROPE 11000). Cuts in taxes take pride of place, with a reduction in income tax on 1 May for ten million people on low...

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