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Prime minister wins praise for reining in spending, but Italians in New York are feeling the pain.
Last Modified: 13 Mar 2012 14:42 GMT Americas
Lower house of parliament affirms a $43bn package of cuts and reforms in a vote called by Prime Minister Mario Monti.
Last Modified: 16 Dec 2011 21:19 GMT Europe
Berlusconi says the Moody's decision to cut bond ratings by three notches was expected.
Last Modified: 05 Oct 2011 03:03 GMT Europe
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