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Italy to Spend 1.5 Billion Euros on Youth Employment

Italy's government has announced it will spend 1.5bn euros ($2bn; £1.2bn) to try to boost youth employment.

The funds include tax breaks for companies that hire people aged 18-29, and will target the country's deprived southern areas.

Two in five young Italians are out of a job, while the national unemployment rate is about 12%.

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