Meloni's Coalition Struggles with €12 Billion Budget Gap in Italy

Reported about 2 months ago

Italian Prime Minister Giorgia Meloni is working to address a €12 billion budget deficit through cost-cutting measures and delayed retirements. The coalition faces the challenge of securing about €25 billion for the 2025 budget, amid rising tensions within the government as partners grapple over tax cuts and spending commitments. With a fiscal plan due by mid-September, Meloni's administration must balance voter promises with fiscal responsibility to appease both the EU and internal coalition partners.

Source: YAHOO

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