Italy turns to banks to balance tight budget …C0NTINUE READING HERE >>>
Italian lawmakers adopted a draft 2025 budget late Tuesday financed in part by banks and insurance companies while also offering tax cuts for low-income families, a priority issue for far-right Prime Minister Giorgia Meloni.
“3.5 billion euros from banks and insurance companies will be earmarked for healthcare and the most vulnerable people to ensure better services closer to everyone’s needs,” Meloni said on X.
An outline of the 2025 budget, because of Italy’s membership within the European Union’s single currency, must still be sent to Brussels.
As in last year’s budget, ministers…
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