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.