Wednesday, August 16, 2023

Splits emerge in Italy's governing coalition over windfall tax on banks


Italy's Deputy Prime Minister Antonio Tajani is reportedly trying to water down a windfall tax recently targeted at banks.

The coalition government introduced a 40 percent tax on banks' profits earlier this month, leading to market volatility.

Giles Gibson reports from Rome.

IN: "Italy's politicians are…"
OUT: "...Giles Gibson, Rome."
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