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Italy’s Meloni defends windfall tax move against banks

TheGuardian

PM says ‘the right things must be done’, having watered down measure in response to fall in lenders’ shares Italy’s prime minister, Giorgia Meloni, has doubled down on a shock decision to introduce a 40% windfall tax on banks, saying she would “do it again” despite having sent lenders’ shares plunging last week.

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