"Growth Decree" approved

16 June 2012

“More growth and less state intervention”. The Italian Prime Minister Mario Monti has announced the approval of the "Growth Decree". The measures envisaged also include an increase in the income tax allowance for renovations from 36 to 50% and an extension of the bonus for energy efficiency which is extended until 30 June 2013 but which falls from 55 to 50%.