European Council President Herman van Rompuy and Italian Prime Minister Silvio Berlusconi
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Italy's austerity bill finally expected to be approved

Italy's austerity bill is expected to get final approval in the lower house of the Rome parliament today.

The package has finally been put together after weeks of dithering and squabbling.

It is hoped the bill will be a boost for the financial markets as Italy's cost of borrowing has shot up to a three year high.

Nigel Cassidy reports.

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