Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom

€ 43 billion

is the amount that a new austerity plan is supposed to save to Italian public finances. The plan aims to bring Italy’s public deficit down to 0.2% of GDP by 2014 from 4.6 per cent in 2010 and to calm investors worried about Italian public debt.

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