Italy Prime Minister Sacrifices his Salary
Category: Italy Created on Tuesday, 06 December 2011 04:08 Published Date Written by Stock Market Newspaper Hits: 265
The prime minister of Italy, Monti, announced that he is going to sacrifice his salary. Prime Minister and Economy Minister, Mario Monti, is not going to accept his salary until the economy gets back on track.
The harsh and austerity measures to achieve budgetary balance was announced yesterday. Monti answered all the questions and mentioned about emergency measures needs to be taken. "One single debt risk and failure would jeopardize 60 years of effort" he said. "The sacrifices we want will get Italy up again and recover from a serious economical crises. We will overcome this problem all together." he added.
Monti stressed that savings package arrangements carefully prepared to be fair and equitable.