Tuesday, 30 June 2009

Italy Econ Min: Tax Breaks For Companies Worth Some EUR4 Billion

Italy Econ Min: Tax Breaks For Companies Worth Some EUR4 Billion

ROME -(Dow Jones)- Italian Economy Minister Giulio Tremonti said Tuesday that tax breaks for companies that reinvest their profits to buy machinery will total about EUR4 billion.

Tremonti was speaking at a press conference in Rome.

The tax breaks are part of a stimulus plan, aimed at boosting investment and confidence in Italian businesses.


Web site: www.governo.it


-By Luca Di Leo and Sofia Celeste, Dow Jones Newswires; +39-06-69766920; sofia.celeste@dowjones.com

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(END) Dow Jones Newswires

June 30, 2009 12:14 ET (16:14 GMT)


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