Spending Cuts May Close Italy's Uffizi -Minister
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Italy's culture minister has threatened to shut down Florence's Uffizi museum, home of masterpieces by Michelangelo and Botticelli, if the government doesn't scale back planned spending cuts.
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Angry forest service workers blocked highways, halted trains and forced an airport to shut down on Thursday, effectively cutting off the southern toe of Italy in a protest against spending cuts that could cost hundreds of jobs. The demonstrations across Calabria, the region that makes up the tip of the Italian boot, are the latest by state sector workers upset by the belt-tightening 2005 budget and follows a general strike last week.
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First minister forced to slow down spending plans but claims 'seismic shift' in political loyalties.
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Italy's new deputy economics minister on Tuesday called the nation's economic situation "a disaster," saying the deficit in 2006 may exceed 4.5 percent of gross domestic product.
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An erstwhile ally of Italian Prime Minister Romano Prodi on Monday dealt his coalition government a potentially fatal blow when he withdrew support, but the premier resisted calls to quit despite losing his Senate majority.
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Prime Minister Romano Prodi faced a  confidence vote in parliament on Friday over his efforts to  push through an unpopular budget he described as bitter  medicine that Italy has to swallow to get its finances in  order.
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If Gordon Brown becomes PM, he could face a tough time with sharp decreases in public spending, a think tank argues.
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Many schools in Italy have been affected by a strike over school reforms and feared budget cuts.
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ROME Italy&#39;s culture minister has threatened to shut down the Uffizi museum if the government does not scale back planned spending cuts.
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BEIJING China&#39;s government will trim spending next year, increasing efforts to slow economic growth to a more sustainable pace, Deputy Finance Minister Lou Jiwei said.
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Italy's anti-gay nominee for EU justice commissioner, Rocco Buttiglione, hints he might quit the post.
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Prime Minister Romano Prodi no longer has a working majority in the Italian Senate. Does it spell the end for him?
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Italy's president will decide on Saturday who should now lead Italy's government after the shock resignation of Prime Minister Romano Prodi.
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Italian Prime Minister Romano Prodi had to  decide on Thursday whether to resign or risk a confidence vote  he would be expected to lose, obliging his centre-left  government to step down anyway.
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European Commission President Romano Prodi, who returns to lead Italy&#39;s opposition next week as his term ends, criticized Prime Minister Silvio Berlusconi&#39;s handling of the economy and said his tax-cut plan is too expensive.
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Italian Prime Minister Romano Prodi's  government is "inclined to" present its resignation to the  president following a major defeat in a Senate vote on foreign  policy, a center-left political source said on Wednesday.
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The world economy will likely see slower economic growth in the coming months because of a correction in the United States's balance of payments deficit, Italy's finance minister said in an interview published Monday.