Justice minister, DGA chief discuss partnership to boost digital judicial services    Netanyahu does not rule out further strikes on Hamas leaders    US farmers are being squeezed – and it's testing their deep loyalty to Trump    Romania condemns 'irresponsible' Moscow after Russian drone breaches its airspace    Kirk's assassination is forcing US politicians to make difficult choices about their safety    India players refused handshakes, says Pakistan coach    Final stage of Spanish Vuelta cycling race abandoned after disruption by pro-Palestine protesters    Mané fires Al Nassr past Al Kholood to keep perfect start as Ronaldo honored    Lacazette brace earns NEOM SC first Saudi Pro League win    Adolescence star Owen Cooper makes Emmys history at 15    Saudi liquidity grows 8.4%, reaching SR3.1 trillion in July 2025    Over 434,000 people acquire first aid skills during nationwide health campaign    Saudi Arabia's legislative advancement highlighted at International Conference on Judicial Training    Sudden swerving among 3 major causes of accidents in Riyadh in 2024    Princess Haifa emphasizes pivotal Saudi role in shaping future of tourism    Sahm Capital names Saudi Olympian Fayik Abdi as brand ambassador    SR9000 fine for copyright infringement using AI    King Charles and Prince Harry finally reunite after 19 months apart    Anastacia: Arnold Schwarzenegger made me sing Whatta Man 12 times    Thousands pay their last respects to Giorgio Armani, private funeral on Monday    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Italy's austerity measures clear first parliament hurdle
Published in Saudi Press Agency on 15 - 07 - 2010


Italy's upper house of parliament, the Senate,
today approved the conservative government's 25-billion-euro
(31.8-billion-dollar) austerity package, despite considerable
opposition to the cuts voiced in recent weeks, according to dpa.
Even some members of Prime Minister Silvio Berlusconi's coalition
government had protested the cuts.
In a bid to ensure that the unpopular measures received support
from his allies - the legislation had become stalled by more than
1,200 proposed amendments - Berlusconi put the package to a vote of
confidence, meaning that in case of defeat, the government would have
been forced to resign.
Thursday's vote resulted in 170 votes in favour and 136 against.
Since taking office in May 2008, the billionaire-turned-politician
has relied on more than 30 votes of confidence to steamroll
legislation through parliament.
For final approval, the austerity package will have to win support
- again in a vote of confidence - in the lower house Chamber of
Deputies before the end of the month.
Regional authorities have been particularly vocal in their
condemnation of the cuts which Economy Minister Giulio Tremonti says
are essential to keep public spending in check.
Observers have pointed out that given Italy's relatively contained
budget deficit - 5.3 per cent of gross domestic product (GDP) at the
end of 2009 - the proposed cuts for 2011-12 are not as drastic as
those implemented by Greece, Ireland or Spain.
But they say Tremonti was prompted to act due to concern that
Italy could struggle to maintain payments on its debt which is
projected by some economists to rise to 120 per cent of GDP by the
end of 2011.
The voting on the austerity measures comes as Berlusconi faces a
mid-term crisis triggered by increasing dissent within his People of
Freedom party and a series of corruption scandals that have embroiled
several of the premier's top allies.
Late on Wednesday Treasure Undersecretary Nicola Cosentino
announced his resignation following days of pressure from the
opposition but also some other members of Berlusconi's cabinet.
-- SPA


Clic here to read the story from its source.