ROME: Italy's caretaker government said it would pay 40 billion euros that the state owes to private companies over the next 12 months, while vowing to stick within the European Union's deficit limit.
The cabinet approved a decree intended to provide funds to cash-strapped firms and help tackle a deep recession in the eurozone's third largest economy. But some industry groups said it would be difficult for businesses to claim their money despite the measures.
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