austerity measures in Italy

Austerity measures in Italy refer to government policies aimed at reducing public spending to address budget deficits and stabilize the economy. These measures typically include cuts to social services, healthcare, and public sector wages, as well as increasing taxes. The goal is to reduce national debt and restore financial stability, often in response to economic crises or pressure from international financial organizations. While intended to improve the economy in the long term, austerity can lead to short-term hardships for citizens, including reduced public services and increased economic inequality.