Italy’s Govt approves economic growth plan after Cabinet infighting - Reuters

Reuters is out with the latest headlines, citing that the Italian government approved an economic growth plan early-Wednesday.

Key Details:

The decree called, as expected, for tax breaks and investment incentives and for simplified procedures for public tenders, but there was disagreement among ministers ahead of the meeting on proposed debt relief for the Rome municipality.

Cabinet also gave the green light for the government to potentially take an equity stake in any vehicle set up to rescue loss-making airline Alitalia.

France Business Climate registered at 101, below expectations (102) in April

France Business Climate registered at 101, below expectations (102) in April
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USD/JPY trades with modest losses, closer to over 1-week lows set yesterday

• Bulls once again struggled to make it through the 112.00 round figure mark. • The latest USD upsurge failed to provide any meaningful bullish impet
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