• Italy's PM Conte: Government has the 23 billion euros needed to offset the planned sales tax hike

Market news

30 September 2019

Italy's PM Conte: Government has the 23 billion euros needed to offset the planned sales tax hike

  • Says Monday's Cabinet meeting will discuss updated budget forecasts
  • Government  will avoid VAT tax increase
  • Would like to halve the sales tax on energy bills to 5% from 10% at present
  • Goal is to increase workers net salary

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