Age of Austerity: Italy town rebels against Rome, wants own currency

by RussiaToday on Sep 12, 2011

Italy's much-disputed 54-billion-Euro austerity package to slash the country's crippling debt will go through a final debate at the lower house of Parliament on Monday. It would increase taxes and cut government spending to balance the budget by 2013. But constant changes to the plan and squabbling between lawmakers has damaged people's faith in it. And as Ivor Bennett reports, there's a town that's decided it doesn't want to wait for the cuts.

RT on Twitter: http://twitter.com/RT_com
RT on Facebook: http://www.facebook.com/RTnews

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.