Italian cabinet prepares austerity package

Author (Person)	Dinmore, Guy, Segreti, Giulia
Series Title	Financial Times
Series Details	26.5.10
Publication Date	26/05/2010
Content Type	News
	Italy joined other EU Member States by introducing on the 26 May 2010 an emergency €24bn deficit-cutting budget over the next two years in an effort to shore up market confidence in its ability to sustain Europe’s highest level of public debt.
Related Links	LifeInItaly http://www.lifeinitaly.com ESO: Background information: Debt-heavy Rome reins in spendthrift regions http://www.europeansources.info/record/debt-heavy-rome-reins-in-spendthrift-regions/ BBC News, 25.5.10: Italy joins euro austerity drive http://news.bbc.co.uk/1/hi/business/10157432.stm Corriere della Sera, 25.5.10: Letta Promises 'Hard But I Hope Temporary Sacrifices' – Napolitano Calls For 'Fairness and Shared Measures' http://www.corriere.it/International/english/articoli/2010/05/25/corrective_economic_measures%20.shtml Deutsche Welle, 25.5.10: Italy becomes latest to release austerity measures http://www.dw-world.de/dw/article/0,,5608422,00.html Corriere della Sera, 27.5.10: Berlusconi surrenders to the pain http://www.presseurop.eu/en/content/news-brief-cover/260421-berlusconi-surrenders-pain
Countries / Regions	Italy