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Labour and Social Policy Minister Giuliano Poletti attends a press conference held at the end of the cabinet meeting in Rome on March 12, 2014. New Prime Minister Matteo Renzi laid out his plan to transform Italy with a package of reforms headlined by a ten-billion-euro tax cut. Hours after the lower house of parliament approved a new electoral law designed to end the country's chronic political instability, Renzi announced economic measures aimed at stimulating growth while also cutting spending, shaking up the labour market and making the state pay its bills. AFP PHOTO / ANDREAS SOLARO (Photo credit should read ANDREAS SOLARO/AFP/Getty Images)

Labour and Social Policy Minister Giuliano Poletti attends a press conference held at the end of the cabinet meeting in Rome on March 12, 2014. New Prime Minister Matteo Renzi laid out his plan to transform Italy with a package of reforms headlined by a ten-billion-euro tax cut. Hours after the lower house of parliament approved a new electoral law designed to end the country's chronic political instability, Renzi announced economic measures aimed at stimulating growth while also cutting spending, shaking up the labour market and making the state pay its bills. AFP PHOTO / ANDREAS SOLARO        (Photo credit should read ANDREAS SOLARO/AFP/Getty Images)