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The Independent UK
The Independent UK
National
Via AP news wire

Italy's Parliament approves 2026 budget with deficit-cutting measures

Belgium Europe Summit - (Copyright 2025 The Associated Press. All rights reserved.)

Italy’s Parliament on Tuesday approved the government’s 2026 budget, including deficit-cutting measures.

The budget of about 22 billion euros ($25.9 billion) aims to reduce the 2026 deficit to 2.8% of gross domestic product, down from the previously targeted 3%, in line with the European Union's demands.

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