Italy eyes "super welfare entity"

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ITALY - The government is eyeing the creation of a "super welfare entity" by merging state pension body INPS with three sector pension institutes and insurance body INAIL in a bid to recoup around €3bn.

Labour minister Cesare Damiano was said to be opposed to this bid, favouring “softer” options. Damiano would rather merge INPS and Inpdap – the body governing social security of civil servants –...

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