Grand election promises by Italy’s main parties have had economists scratching their heads (AFP Photo/GIUSEPPE CACACE) Milan (AFP) – The major parties and coalitions contesting Italy’s March 4 election have been making some big promises to voters, plenty of which have economists looking at the country’s monstrous debt and scratching their heads.
– How costly are these electoral promises? –
Former prime minister Matteo Renzi’s Democratic Party (PD), which leads the centre-left coalition, has presented the lowest-cost manifesto of the election’s big players, despite promising tax cuts for businesses and families.The party estimates extra spending of 35 billion euros ($43 billion), […]
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