ROME (AP) — Italy’s new government on Sunday approved emergency austerity and growth measures aimed at helping save the euro from collapse.
Premier Mario Monti announced approval of the measures following a three-hour Cabinet meeting. He said the goal is to “reawaken” the Italian economy.
The measures include cuts and efforts to fight tax evasion, Mr. Monti said.
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The premier will outline the measures on Monday to parliament, which must approve them.
Mr. Monti, who also serves as economy minister, spent the weekend briefing political parties, unions, business groups, consumer lobbies and others.
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