Save Italy is the name of the economic recovery plan Italian Prime Minister Mario Monti.
[1] The package of fiscal adjustments is worth €30 billion ($40 billion) over three years,[1] and includes tax increases, pension cuts, stronger protection against tax evasion, and an increase in the retirement age.
[2] The reform package is meant to reduce debt, balance the budget and increase investor confidence.
[2] Monti, a technocrat who replaced Silvio Berlusconi as Prime Minister, said the plan was necessary to prevent the economy of Italy from becoming like Greece.
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