Giovedì, 20 Settembre 2018

Govt's 'to do' growth bill wins final approval


Rome, August 9 - The government's 'to do' package
of measure deemed urgent to help boost the recession-hit Italian
economy won final approval in the Lower House Friday.
The huge 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 allocates money to finance improvements to the
national rail network, school buildings and roads.
The measure cuts energy bills by a total of 550
million euros too, in part by slashing a tax to finance
renewable energy initiatives.
The 'to do' decree was amended this week to introduce a 25%
pay cut for senior managers of listed companies under public
Approval of the measure, with 319 votes in favour, 110
against and two abstentions, was the House's last act before
parliament's summer recess.
House Speaker Laura Boldrini stressed, however, that
parliament would not be closing down completely, as commissions
and the floor of the House could be convened at any time.

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