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Pensions to be raised by 2% as part of new aid package

Income, labour taxes to be trimmed, unions say it's not enough

Redazione Ansa

(ANSA) - ROME, AUG 3 - Italy's State pensions will go up by 2% in October, three months before they would usually go up at the start of the year, according to the framework of a new aid package to help people with the cost-of-living crisis that the government presented to unions on Wednesday.
    The package also features a cut in income and labour taxes set to bring the labour-tax wedge down by 1. 8%.
    The unions said it was not enough.
    "It is completely insufficient in quantitative terms," said Maurizio Landini, the head of Italy's biggest trade-union confederation, the CGIL.
    "One billion euros is going to workers and 1.5 billion to pensioners out of a total of 14.3 billion for the whole package.
    "We are talking about figures that are absolutely insufficient to address the problem". (ANSA).
   

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