Italy Cabinet Approves 2027 Budget with Tax Cuts and Sector Hikes
Italy’s cabinet approved a roughly €26 billion budget for 2027, combining tax cuts and increased support for households and public services with higher taxes on banks, insurers, energy companies and the gaming sector. The plan, which also targets a larger deficit, is Prime Minister Giorgia Meloni’s final budget before next year’s election and now requires parliamentary approval.
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Open the journal →About Giorgia Meloni
Giorgia Meloni is an Italian politician who has served as Prime Minister of Italy since October 2022. She is the first and only woman to hold the office and the head of the longest-serving government in the history of the Italian Republic. A member of the Chamber of Deputies since 2006, she has been president of the right-wing to far-right party Brothers of Italy (FdI) since 2014, and was president of the European Conservatives and Reformists Party from 2020 to 2025.
Everything about Giorgia Meloni →- Occupation
- politician, journalist
- Position held
- Prime Minister of Italy, member of the Chamber of Deputies of the Italian Republic, member of the Chamber of Deputies of the Italian Republic, member of the Chamber of Deputies of the Italian Republic
- Citizenship
- Italy
- Born
- January 15, 1977
- Website
- https://www.giorgiameloni.it/
