Italy Bets on Spending to Grow Out of Its Crippling Debt
A man, holding a protective face mask, takes a mobile phone photograph in Piazza San Marco in Venice, Italy. ( Photographer: Andrea Merola/Bloomberg)

Italy Bets on Spending to Grow Out of Its Crippling Debt

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(Bloomberg) -- Italy plans to dramatically expand public investment, focusing on boosting growth rather than reining in debt as the government plots its way out of the worst recession in a century.