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Italy to cap top salaries at public cos

March 31, 2014 00:00:00


MILAN, Mar 30 (AFP):  Italy will cap salaries at some of the country's biggest public companies, the new government of 39-year-old Matteo Renzi announced on Friday, though some major groups will be exempted.

Government-controlled companies will now have top pay capped at the same level as the head of Italy's top court as part of Renzi's promise to cut back spending.


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