August 3, 2018 / 8:07 AM / 2 months ago

Italy's Salvini says next budget will include tax cuts, pensions reform

ROME (Reuters) - Italy’s deputy prime minister Matteo Salvini said on Friday the country’s budget for next year will include the first measures to introduce tax cuts and a reform of the pensions system, provisions that may be in breach of European Union fiscal rules.

FILE PHOTO: Italy's Matteo Salvini attends a news conference during an informal meeting of EU Home Affairs Ministers in Innsbruck, Austria, July 12, 2018. REUTERS/Lisi Niesner/File Photo

“The (2019) budget will not include all planned measures immediately, but there will the first steps towards a flat tax and a radical overhaul of the pensions system,” known as Legge Fornero, Salvini, who leads the far-right League, said in a TV interview.

Reporting by Francesco Guarascio; Editing by Giselda Vagnoni

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