Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Central African Republic: Brazzaville ceasefire talks delivers fragile deal

Read more

FOCUS

Sluggish tourist season in Crimea

Read more

ENCORE!

Bartabas : Mixing Christ with Spanish music and dancing horses

Read more

IN THE PAPERS

Shifts in the propaganda war waged between Israelis and Palestinians

Read more

IN THE PAPERS

French MPs face quandary in pro-Palestinian rallies

Read more

THE INTERVIEW

Yezid Sayigh, Senior Associate at the Carnegie Middle East Center in Beirut

Read more

#TECH 24

Mind the Gender Gap : getting more women into the tech sector

Read more

INSIDE THE AMERICAS

Bolivian children: heading to work aged 10

Read more

WEB NEWS

Israel and Hamas battle online over public opinion

Read more

  • Live: France says missing Algerian plane 'probably crashed'

    Read more

  • 51 French nationals aboard missing Algerian plane

    Read more

  • Algerian jet vanishes: 'We should eliminate the missile hypothesis'

    Read more

  • Deadly Israeli strike on UN shelter in Gaza Strip

    Read more

  • Italy’s Nibali cruises to easy victory in 18th stage of Tour de France

    Read more

  • Iraqi parliament elects moderate Kurd as president

    Read more

  • US, European aviation agencies lift travel restrictions to Tel Aviv

    Read more

  • Sudanese Christian woman sentenced to death arrives in Italy

    Read more

  • No end to fighting until Israel ends Gaza blockade, Hamas says

    Read more

  • Two foreign women shot dead in western Afghanistan

    Read more

  • At least 60 killed in attack on prison convoy near Baghdad

    Read more

  • Cycling is ‘winning the war on doping,’ says expert

    Read more

  • Ceasefire agreed for Central African Republic

    Read more

  • Can Jew-kissing-Arab selfie give peace a viral chance?

    Read more

  • Botched Arizona execution takes nearly two hours

    Read more

Europe

Berlusconi presents his 'anti-crisis' measures to unions

Text by Alexis MASCIARELLI , in Rome

Latest update : 2008-11-25

The Italian government outlined to trade unions, on Monday night, a packet of social and tax measures to fight the current economic crisis, including a Christmas bonus of 120 euros each for the poorest families.

The Italian government has laid out its social and tax measures to fight the current economical crisis, during a meeting with the country’s trade unions on Monday evening.

The plan intends to give incentives to Italians to keep spending and therefore help the country’s industry.

A 120 euros Christmas bonus will be handed to the poorest families, who earn less than 6,000 euros per year. Financial help to pensioners and large families is also expected.

Silvio Berlusconi’s government is also planning to rule in favor of a fixed interest rate for families and to impose a freeze on the costs of electricity, gas, motorways and trains, at the start of next year.

Incentives will also be given to Italian businesses. The government is expected to reduce corporation taxes and drop taxes on the payment of extra working hours and productivity bonuses.

The value of these public intervention measures is yet to be announced. "We are still working on the specifics," said Finance Minister Giulio Tremonti.

The Italian government plan should be approved on Friday during the cabinet meeting, following the announcement on Wednesday of a European multibillion anti crisis plan and government directives from Brussels.

Prime Minister Silvio Berlusconi, who has been criticized recently for his lack of dialogue with the opposition, has told the trade unions representatives that he is ready « to accept advice from everyone » in order to face the economical crisis.

“The government will try to build trust but only the citizens can -- by not changing their habits -- stem the real economy crisis that is unfortunately arriving," said Berlusconi on Saturday during an electoral meeting.

Date created : 2008-11-25

COMMENT(S)