The Italian government has approved next year's budget with tax cuts shifting the burden to government bureaucracy from taxpayers in a bid to spark the stagnant economy.<br /><br />Prime Minister Enrico Letta is relying on 3.5 billion euros of spending reductions to meet 2014 deficit targets.<br /><br />Central government will bear 2.5 billion euros of the cuts, regional administrations 1 billion euros. <br /><br />...<br />http://www.euronews.net/
