The spending cuts would amount to € billion next year, € billion in 2020, and € billion in 2021. Over the next three years, the cuts will represent, on average, more than one fifth of the resources generated by the budgetary provisions. These include, in 2019, the deferral to the following two-year period of capital transfers to the Italian State Railways.
I wish you and those you hold dear the best of health and the greatest of happiness. Thank you. BIS Review 86/2009  3