Today the encounter in Berlin among Merkel and Renzi

Italy's new PM Matteo Renzi meets German premier Angela Merkel in Berlin today for the first time sice he took over as head of the government.

Renzi in expected to try to sound out Merkel on the possibility of abtaining some budget flexibility for Italy, to help fund his promised tax cuts.

The Italian government plans to offer fiscal incentives for investments in broadband internet infrastructure, Il Sole 24 Ore reported on Sunday.

Infrastructure Minister Maurizio Lupi said in an interview with the paper the vovernment was preparing a bill that treat investments in virtual infrastructure in the same was as those in industrial infrastructure like motorways, wich already enjoy tax benefits.