RSS Feed
July 4th, 2012 
FAKE NEWS for the Zionist agenda The official said on Tuesday that the cuts include a 10 percent slash in the overall personnel and a 20 percent reduction in the number of state managers.
In a meeting with local government officials earlier in the day, the premier also noted that the spending review aims to save at least 4.2 billion euros.
This comes while leaders of the cash-stripped European country have threatened to launch a nationwide general strike if the fresh round of government spending cuts is too harsh.
“It is a bit too early to say what strategy our union will adopt but if things keep going this way we will seriously mobilize our ranks in every Italian city,” Gianni Baratta of the CISL union told Press TV.
Various eurozone member states, including Greece, Spain and Italy, have been struggling with deep economic woes since the bloc’s financial crisis began roughly five years ago.
Over the past decade, Italy has been the slowest growing economy in the single currency area.
Official data have recently shown that Italy’s budget deficit has witnessed an increase of about one percent in the first quarter of 2012, standing at 8 percent of gross domestic product (GDP).
MR/JR
Views: 0
Posted in 
Tags: 
