Italy government approves flagship welfare reforms


  • World
  • Thursday, 17 Jan 2019

FILE PHOTO: Italian Prime Minister Giuseppe Conte speaks during a meeting with Italian businessmen at the Kremlin in Moscow, Russia October 24, 2018. Sergei Chirikov/Pool via REUTERS/File Photo

ROME (Reuters) - The Italian government on Thursday approved flagship reforms of the welfare and pension system, election pledges of the anti-establishment 5-Star Movement and the right-wing League, which mark a major overhaul of the country's welfare state.

The reforms, providing income support for the poor and allowing people to retire earlier, are the centre-piece of the government's expansionary 2019 budget. Critics say they are unsustainable for Italy's strained public finances.

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