Govt departments being asked to cut up to 4.5 bn euros

Budget seeks billions in cuts from regional, municipal levels

(ANSA) - Rome, October 8 - Italian government ministries are being asked to cut as much as 4.5 billion euros from their budgets as part of the next Stability Law, according to reports on Wednesday.
    As the law defining the national budget takes shape, reports say that regional governments will be asked for savings of about three billion euros in the coming year, while municipalities are also being asked to trim between 1.5 billion euros and 1.7 billion euros.
    In exchange, lower levels of government may see a "loosening" of an internal stability pact with the national government, reports said.
   

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