Italy's Renzi prepares new tax cuts as vote hurdle cleared


  • World
  • Wednesday, 12 Mar 2014

Italy's Prime Minister Matteo Renzi looks on during a confidence vote at the Senate in Rome February 24, 2014. REUTERS/Remo Casilli

ROME (Reuters) - Italy's lower house of parliament approved a new electoral law on Wednesday aimed at ensuring more stable governments, giving a boost to Prime Minister Matteo Renzi as he prepares to unveil a package of tax cuts and economic reforms.

The reform, aimed at preventing a repeat of last year's deadlocked election by favouring bigger parties and stronger coalitions, must now go to the Senate, where it is likely to face additional amendments from Renzi's own centre-left Democratic Party (PD).

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