Salvini plans Giorgetti as economy, finance minister - Breaking The News
Download our appPlay StoreApp Store

Salvini plans Giorgetti as economy, finance minister

EPA-EFE / CLAUDIO PERI

The future government must conduct an "important and courageous" fiscal overhaul with someone "whom the world trusts," like Giancarlo Giorgetti, Italy's Deputy Prime Minister Matteo Salvini told Corriere della Sera. In an interview published on Wednesday, the leader of the ruling Northern League said the lawmaker and the cabinet undersecretary, his party's official, should become the minister of economy and finance. Salvini highlighted disagreements about value-added tax and the fallout with France and Germany about European leadership as hurdles which led to the breakup of the coalition with the Five Star Movement, which is the senior partner but it has been losing popularity.

The parliament has scheduled a vote of no confidence for next week as the Northern League is seeking snap elections. Salvini said the plan for so-called citizens' income would be reassessed it his party wins and cited complaints from business owners that they haven't been able to increase the number of workers. On the other hand, rolling back pension reforms stays, he asserted.

The Five Star Movement has already begun to agree to demands from the European Commission and taxes wouldn't have been cut as much as planned, Salvini claimed.

Related Stocks
GBP/CHF
GBP/JPY
EUR/USD
EUR/GBP
Related News
UK focused on 'very fast-moving situation' in S. Korea
The British government is closely tracking developments in South Korea following President Yoon Suk Yeol's declaration of emergency martial law on Tuesday, which was later revoked after South Korea's parliament voted to block the declaration.A spokesperson for UK's Prime Minister Keir Starmer emphasized the rapidly changing situation and urged British nationals to stay updated on the UK's travel advice. The government advised against...
UK, South Korea work on upgrading trade deal
Delegations from the United Kingdom and South Korea started on Monday a new round of negotiations on upgrading the bilateral free trade agreement (FTA), which was originally signed in 2019, following Brexit."Britain is our key partner and an economic ally in emerging sectors such as cutting-edge industries and energy," chief South Korean negotiator Kwon Hye-jin said, according to the Yonhap news agency. The talks are taking place in Seoul and are...
S. Korea, UK to improve free trade agreement
South Korea and the United Kingdom will engage in talks concerning the advancement of their bilateral free trade agreement (FTA) on Thursday in Seoul, with the second round of negotiations set for March in London, South Korea's Ministry of Trade, Industry and Energy announced. The two countries are set to update the latest global trade norms in various areas including the digital industry and supply chains, and will also exchange opinions on the...
Yoon says S. Korea, UK to 'elevate their relationship'
South Korean President Yoon Suk-yeol during a state visit to the United Kingdom expressed Seoul's intention to establish new cooperation with London in the security domain, particularly in cybersecurity and defense, Yonhap news agency reported. According to the South Korean Presidential Office, Yoon also acknowledged the bilateral partnership between the two countries and noted the values they share. He added that the UK and South Korea intend to...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.