Italy announces $24 billion in tax cuts and wage hikes to stimulate faltering growth

Italy announces $24 billion in tax cuts and wage hikes to stimulate faltering growth

Unlock Editors Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newsletter. Italian Prime Minister Giorgia Meloni plans to spend €24 billion on tax cuts and public sector pay rises next year to stimulate consumption and support faltering growth, despite investor concerns about the country’s finances. After his Cabinet approved …

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