ROME: Prime Minister Mario Monti, boosted by positive market reaction, takes a 30-billion-euro austerity package to parliament to shore up Italy's strained public finances and help stem a debt crisis threatening to overwhelm the eurozone.
The cabinet approved the mix of tax rises, pension reforms and incentives to boost growth in a three-hour meeting on Sunday, opening one of the most crucial weeks since the launch of the euro more than a decade ago.
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