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Italy welfare minister breaks down in tears as government agrees austerity measures




Elsa Fornero, the Italian welfare minister, broke down in tears as the technocratic government adopted an agressive €24bn (£12.8bn) austerity package in a bid to stave of the crisis enveloping the country.Mario Monti, the Italian prime minister, declared the package of tax hikes, budget cuts and pension reforms a "decree to save Italy", at a press conference following after a cabinet meeting. Italy will "put its deficit and debt under strong control" so that the country is "not seen as a suspicious flash point by Europe," he said. He also warned that Italians had to make "sacrifices" and said he was renouncing his own salary as prime minister in a gesture of solidarity. The three-year package includes a controversial pension reform that will increase the minimum pension age for women to 62 starting next year and fall into line with men by 2018, by which time both will retire at 66. The number of years that men have to pay contributions to receive their full pensions will also be increased from the current level of 40 to 42.