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Reuters is out with the latest headlines, citing that the Italian government approved an economic growth plan early-Wednesday.

Key Details:

The decree called, as expected, for tax breaks and investment incentives and for simplified procedures for public tenders, but there was disagreement among ministers ahead of the meeting on proposed debt relief for the Rome municipality.

Cabinet also gave the green light for the government to potentially take an equity stake in any vehicle set up to rescue loss-making airline Alitalia.