01-January-2026
Economy News
 
Italian Parliament Gives Final Approval to Government's 2026 Budget
31-Dec-2025

The Italian lower house on Tuesday passed the government's 2026 budget, giving final parliamentary approval to the deficit-cutting package which becomes law just ahead of a end-year deadline. Prime Minister Giorgia Meloni's fourth budget aims to lower next year's fiscal deficit to 2.8% of gross domestic product from a targeted 3% in 2025, paving the way for Italy's exit from an EU excessive deficit procedure in 2026.

News Source:- https://money.usnews.com/investing/news/articles/2025-12-30/italian-parliament-gives-final-approval-to-governments-2026-budget
 
 
 

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