Italy's Silvio Berlusconi: 'Our hearts are bleeding'
Italy has announced a fresh round of austerity measures after an emergency cabinet meeting.
The 45bn euro ($64bn: £40bn) plan aims to balance Italy's budget by 2013, a year earlier than had been planned by slashing public spending and jobs.
Prime Minister Silvio Berlusconi said Italy was not alone in facing the challenge to reduce its debt.
13 Aug 2011
- From the section Europe