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Italy unveils draft budget to cut debt, taxes

Last Updated: Wednesday, October 16, 2013, 09:35

Italy`s government on Tuesday approved a 2014 budget that will have "less spending, less debt and less tax" to help sustain a gradual economic recovery it hopes will start later this year.

Italy within reach of economic recovery: Mario Monti

Last Updated: Thursday, September 06, 2012, 12:34

Italy has averted the worst case scenario of the debt crisis and economic recovery in the eurozone's third largest economy is within reach, Italian Prime Minister Mario Monti said.