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The Italian Parliament definitely cleared on Wednesday a 54-billion-euro emergency budget plan aimed at balancing public finances by 2013 to shield the country from the risk of a debt crisis.

On this Budget We feel the revenue estimates, at best can be considered hopeful. Looking at the precarious economic condition and a high current account deficit, Reports sugget a lot of issues remained unaddressed during the Budget session. As far as the foreign investor's perspective is concerned, The Finance Minister has taken a positive step forward in terms of foreign direct investment (FDI) and the economic openings under his leadership have also been quite encouraging. "We are also going to see the fisc balanced in a very nice way, with an imperative as well in acceleration of divestment of some of the public sector assets of the country and that's going to drive efficiency and productivity. So, I am quite bullish on this Budget... Read Full Report here- http://www.sharetips-capitalvia.com/budget-highlights-for-financial-year-2013-14/