- Italy’s deputy EconMin says measures are in line with EU demands
- Plan to raise VAT by 2% in 2012
- Ban cash transactions over EUR1000 in order to crack down on black economy
- Reintroduce municipal housing tax plus new taxes on luxury cars, boats and planes
- No plan to raise income tax
(Over Reuters newswires)
EUR/USD has gotten a small lift, currently trading at 1.3425.
