Italians prepare for austerity

Ordinary Italian citizens are bracing themselves as spending cuts appear increasingly inevitable.

    Italian Prime Minister Silvio Berlusconi has promised to resign once austerity measures are put in place.

    The government has been slow to take dramatic action on the economy, a reluctance which has led to the current crisis.

    The political uncertainty and fears about the country's debt is pushing its borrowing costs to record highs - leading to more concerns about the economy.

    Al Jazeera's Tania Page reports from Rome on how plans to tackle the country's debt are affecting those who'll pay for it.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Survivor stories from Super Typhoon Haiyan

    Survivor stories from Super Typhoon Haiyan

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    We Are Still Here: A Story from Native Alaska

    We Are Still Here: A Story from Native Alaska

    From Qatar to Alaska, a personal journey exploring what it means to belong when your culture is endangered.