Italy needs 50 billion euro budget for 'shock' stimulus: Salvini

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Italy needs 50 billion euro budget for 'shock' stimulus: Salvini
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The leader of Italy's far-right League party, Matteo Salvini, said on Tuesd...

FILE PHOTO - Italian Deputy PM Matteo Salvini gestures as he holds a news conference in southern Italy on a bank holiday as the government crisis continues, in Castel Volturno, Italy August 15, 2019. REUTERS/Ciro de Luca

Salvini pulled the plug on the League’s coalition government with the anti-establishment 5-Star Movement earlier this month, starting a potential countdown to elections which could complicate the nation’s preparations for the 2020 budget. Salvini, who serves as deputy prime minister and interior minister, said that not only must Italy avoid the programmed tax increase but it needed significant tax cuts.

“Are we ready to bring about this fiscal stimulus shock? We need a government able to do things, not a government that simply gets by.”

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