ROME (Reuters) - Italy's caretaker government said it was delaying approval of a decree to pay back some 40 billion euros (33.6 billion pounds) of state debts to private firms, adding to the confusion already created by February's deadlocked election.
The legislation, which Mario Monti's outgoing administration says can provide vital liquidity to cash-strapped companies and help tackle a deep recession, was scheduled to be approved at a cabinet meeting on Wednesday evening.
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