Reported about 1 month ago
Prime Minister Giorgia Meloni's government aims to bring Italy's deficit down to 2.9% by 2026 as part of efforts to satisfy EU fiscal regulations amidst scrutiny of the country's substantial debts. Achieving this target may require significant cuts in public spending and could face challenges given the financial promises made to voters, such as tax cuts. The Finance Ministry is expected to submit a fiscal plan to Brussels soon, outlining the steps necessary to meet this goal.
Source: YAHOO