Italian Prime Minister Giorgia Meloni will present the draft budget law for approval by the Council of Ministers on Wednesday. According to her, the governing coalition wants to finalize preparation of the budget so as to align public finances with promises made to voters. ANSA ↗
The greatest tension persists over the issue of personal income tax, known as IRPEF. The coalition has still not agreed on the shape of the tax measures, with Forza Italia in particular holding differing positions. The energy sector is also expected to contribute to the budget. La Repubblica ↗
Rome is at the same time waiting for Brussels' position on the requested budgetary flexibility. The European Union is also to assess the question of family bonuses, which remains among the open points of negotiation. Meloni met with the leaders of the right-wing coalition to resolve the last contentious parts of the proposal.
The Prime Minister stated that the budget is in its final phase and that its aim is to uphold the commitments made while maintaining balance in public finances. After the budget's approval, the coalition also discussed the possibility of early elections. However, according to reports in the media, the government office is weighing the risk that the Constitutional Court could strike down the nationwide bonus for the winning party in Senate elections. La Repubblica ↗
Further proceedings will depend on the decision of the Council of Ministers and on negotiations with Brussels regarding flexibility and support for households.
Meloni to present budget law to Italian government
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (3)
“Rispettati gli impegni”. Meloni chiude la manovra, resta lo scontro sull’Irpef
La Repubblica
| 01:00 28.10.
Vertice con i partiti sulla manovra, Meloni: “Non mi sfiancate”. Dubbi della Ue sull’energia
La Repubblica
| 01:00 27.10.
Meloni: “Approviamo la manovra, poi pronti al voto”. Ma palazzo Chigi teme la Consulta
La Repubblica
| 01:00 28.10.
🔥 You might also like
Politics (General)
Meloni's electoral law: lawyers are preparing 30 lawsuits to the Constitutional Court, the ruling may come only after the elections
Italy's electoral law takes effect in late October. The opposition and lawyers want to file 30 lawsuits, but the Constitutional Court may not rule before the el …
European Union
What Europe is writing about: Diesel deal with Putin under criticism, federal agents search Omar's home, NATO unveils victory theory
Trump's diesel deal with Putin faces criticism in Europe, federal agents searched the home of critic Ilhan Omar, NATO unveiled a victory theory. Overview from 3 …
World Politics
Italian Parliament Approves Meloni's Electoral Reform
Italy's Chamber of Deputies in Rome approved the controversial electoral reform pushed by PM Giorgia Meloni on Thursday. 227 lawmakers voted...
© HotInfo
Geographic locations
From our newsroom original
All →
Flávio Bolsonaro left for the USA after election defeat
Israeli elections marked by record turnout and dispute over the result
Putin Rejects Concessions and Insists on Occupying All of Donbas
Mecca Pact Countries Held Their First Joint Talks in Tehran. They Agreed Only to Keep Talking
Cruise ship with over 3,300 people on board collided with two container ships in Bremerhaven
Swiss court convicts Belarusian over disappearance of Lukashenko opponent in 1999
Orbán for UN Secretary-General? WSJ Editorial Says Washington Is Pushing Him, Moscow Points to Latin America
France ahead of the October 24 protest: Paris bans demonstrations, Macron convenes intelligence chiefs, Le Pen rises in polls