July 25, 2019 / 5:18 AM / 4 months ago

Italy considering a 10 billion euro tax reduction package in next budget: paper

Italy's Interior Minister and Deputy Prime Minister Matteo Salvini holds a press conference at the Chambers of Deputies, in Rome,Italy, July 25, 2019 REUTERS/Yara Nardi

MILAN (Reuters) - Italy is considering a package worth about 10 billion euros ($11.1 billion) in its budget for next year to cut taxes, Deputy Prime Minister Matteo Salvini said in an interview with daily Il Sole 24 Ore.

Salvini said the government was thinking of two or three tax reductions schemes for families.

“It’s a package worth around 10 billion euros, to run alongside other measures for businesses,” he said in the interview, published on Thursday.

Reporting by Giulio Piovaccari

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