Italy Eases Austerity With Tax Cuts

Prime Minister Mario Monti’s government announced a tax cut for the lowest income levels to compensate Italians for a planned increase in value-added levies next year as part of its 2013 budget plan.

QuickTake: Shinzo Abe’s Shock Therapy
59:23 - On today’s "QuickTake" topic, Vonnie Quinn reports on Abenomics and attempts to stave off deflation in Japan. She speaks on "Bloomberg Markets: European Close.” (Source: Bloomberg)
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