Italian Austerity

The measures presented to the Senate last night include a pledge to raise 15 billion euros ($20 billion) from real estate sales over the next three years, a two-year increase in the retirement age to 67 by 2026, opening up closed professions within 12 months and the gradual reduction in government ownership of local services.


http://www.bloomberg.com/news/2011-11-09/italy-s-senate-speeds-austerity-vote-as-berlusconi-prepares-resignation.html