Expenditure within the Italy budget includes: €12.4bn to cancel VAT increases; €1.5bn to pay back investors who lost their money in bank restructuring; €8bn for the rolling back of the pension reform and allowing early retirement for 400,000 workers; €10bn for the citizenship’s income for about 6.5million people resident in Italy for at least 10 years; and finally €3.5-4.5bn for lower taxes.
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