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Renzi vows billion-euro cut to public spending if premier

'Cutbacks in Senate first and foremost' says Florence mayor

02 December, 11:30
Renzi vows billion-euro cut to public spending if premier (ANSA) - Trieste, December 2 - Florence Mayor Matteo Renzi said Monday he will cut one billion euros from public spending on the cost of running the government if he becomes premier. Renzi, expected to be elected the head of the center-left Democratic Party (PD) in primary elections December 8, said the cuts would be applied first and foremost to the Senate. Speaking in Trieste, he also announced a "gigantic" job-creation plan for Italy, which suffers 12.5% unemployment and over 40% youth unemployment.

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