Enrico Letta, Italy’s new prime minister, says he can reinvigorate his country’s ailing economy by slashing taxes and downsizing government…Letta plans to roll back taxes imposed by his predecessor, Mario Monti, while offsetting the lost revenues with as-yet-unspecified budget reductions. Lettanomics could represent the first big test of the anti-austerity movement that has been gaining steam across Europe. Will it work?

Read Here – Businessweek