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. [3]