Friday, 11 November 2011

REUTERS - Italy's Senate set to vote for cuts to save euro zone, Nov 11, 2011

A view of Italy's Senate during a debate in Rome July 14, 2011. REUTERS-Tony Gentile

"(Reuters) - Italy's Senate was set to vote on Friday for austerity measures demanded by the European Union to avert a euro zone meltdown, while a new emergency government is expected within days, ending the Berlusconi era.
The upper house is due to begin debating the package at 0930 GMT (4:30 am EST) with an outcome expected later in the day. Having been approved by the upper house budget committee Thursday, the law is seen being passed easily.
Voting for the first time in the upper house will be Mario Monti, the former European Commissioner who has emerged as favorite to replace Prime Minister Silvio Berlusconi."

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