italy\s tremonti leaves eu talks to go work on budget cuts
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Italy's Tremonti leaves EU talks to go work on budget cuts

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Arab Today, arab today Italy's Tremonti leaves EU talks to go work on budget cuts

Brussels - SPA

Italian Finance Minister Giulio Tremonti said Tuesday he was leaving a meeting with European Union counterparts in Brussels early to conclude work on austerity measures designed to calm markets, dpa reported. "I am going to Rome to draw up Italy's budget," Tremonti told reporters. Tremonti is pushing for parliament to approve a 40-billion-euro (55-billion-dollar) package of budget cuts and tax hikes. But he has been weakened by criticism from Prime Minister Silvio Berlusconi and a corruption investigation targeting one of his close advisors.

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