Mr Prodi predicts that there will have to be a corrective mini-budget next year.
ECONOMIST: More public-finance woes for Silvio Berlusconi
But amid the gloom of George Osborne's mini-Budget there were bright spots.
BBC: Autumn Statement: Press reaction
It was an emergency mini-budget, designed to defuse Mr Field's rebellion, and buy forgiveness from the voters of Crewe, where there is an ominous by-election on May 22nd.
ECONOMIST: Bagehot
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