This week EU finance ministers meet in Luxembourg with Italy's budget deficit cutting plans set to be an important topic on the agenda. Economy Minister Tommaso Padoa Schioppa is expected to present his budget proposal to his colleagues on Monday amid growing domestic opposition to the plans for tax hikes and spending cuts aimed at bringing down the deficit to 2.8 percent of GDP next year.
Another topic on the agenda will be the commission's drive for better regulation –an issue that hi...
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