Italy set to deliver tough austerity measures

ROME, Aug 12 (Reuters) - The Italian government will pass a sweeping package of cuts and tax increases at a cabinet meeting on Friday as it scrambles to meet European Central Bank demands for action to shore up confidence in its public finances. After days of criticism for a lack of clarity over how ...

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Clinton: US backs tough Greek austerity measures MATTHEW LEE, Associated Press Updated 10:46 a.m., Monday, July 18, 2011

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• Greek parliament backs tough austerity bill


ATHENS (Reuters) - Greek lawmakers approved the government's 30 billion euro ($40 billion) austerity bill in a vote in parliament on Thursday, paving the ...

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ROME (AP) -- Premier Silvio Berlusconi faces a tough battle and likely opposition from political rivals and some unions if he is to enforce measures aimed at avoiding ...