ITALY - Plans by the Italian government's to cut employer pension contributions may lead to a shortfall of EUR41bn in the state pension system, says the state pension body, the INPS (Istituto Nazionale della Previdenza Sociale).
According to a report in the Corriere della Sera newspaper, Silvio Berlusconi’s government plans to slash employer contributions by up to 5% for new recruits. The rationale behind the move, whi...
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