ROME (AP) -- Italian Premier Mario Monti is facing a vote of confidence in the Senate that would signal parliamentary approval of the government's (euro) 30 billion ($39 billion) package of tax and pension changes.
The austerity package is intended to save the country from financial disaster and follows rising concerns in the markets that Italy will find it difficult to pay off its massive debts, which stand at around (euro) 1.9 trillion ($2.5 trillion).
Monti says the austerity package "is of extreme urgency and will allow Italy to face the European crisis with its head held high."
Monti's government of non-political technocrats is expected to win the vote later Thursday. The package passed the lower house of parliament last week.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.