Gavin Jones Prime Minister Enrico Letta: ROME - Italy's 2014 budget plays by the European Union rules, but seems designed more to offend nobody than to give the euro zone's most chronically sluggish economy a decisive boost. , according to Reuters. However, Letta also disappointed expectations he had raised for a large cut in taxes on employment, reflecting the fragility of his left-right coalition even after he survived an attempt to topple the government by conservative leader Silvio Berlusconi. By Gavin Jones Prime Minister Enrico Letta largely avoided unfunded tax cuts in the budget, which his cabinet approved late on Tuesday, meaning the deficit should stay within the EU ceiling set at 3 percent of economic output.
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17.10.13