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Italian govt speeds state payments to vendors

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MILAN (AP) — The Italian government has approved a decree to pay 40 billion euros ($52 billion) owed by government entities to private businesses over the next 12 months to help relaunch Italy's stagnant economy. Premier Mario Monti acknowledged Saturday after his caretaker government adopted the decree that overdue payments had become "a bad habit" that put a heavy burden on business owners....

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