Martedì, 23 Ottobre 2018

'To Do' decree passes Senate, must return to Lower House


Rome, August 7 - Italy's Senate on Wednesday
approved the so-called "to do" decree that included a hot-button
amendment with reforms to the country's justice system.
Justice reform is a hot political debate, with Silvio
Berlusconi's centre-right People of Freedom (PdL) party
demanding radical changes after the ex-premier's four-year tax
fraud conviction was upheld by the supreme court last week.
The decree also includes an amendment foreseeing a 25% pay
cut for managers of listed companies under public control.
The decree was approved with 190 votes in favor, 67
opposing and one abstention.
The 'to do' package cuts red tape and frees up around
three billion euros for public works projects this year and
should create 30,000 temporary construction jobs.
It also allocates money to finance improvements to the
national rail network, school buildings and roads.
The measure also cuts energy bills by a total of 550
million euros, in part by slashing a tax to finance renewable
energy initiatives.

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