Italy govt wins confidence vote on austerity plan

Reuters , Wednesday 14 Sep 2011

Italian governments wins confidence vote to push through austerity package to balance the budget in 2013

Prime Minister Silvio Berlusconi's government won a confidence vote on Wednesday in the lower house of parliament on a 54-billion-euro austerity package aimed at staving off financial crisis in Italy.

The centre-right government, which called the vote to push through the package quickly, won the motion with 316 votes in favour and 302 against.

The much-revised austerity plan aims to balance the budget in 2013 and was drawn up under pressure from the European Central Bank and Italy's European Union partners.

The lower house now moves to a final vote -- which is largely a formality -- on the package later on Wednesday which turns the austerity measures into law.

Short link: