Italy’s Lower House Backs Meloni Spending Plan After Setback
Giorgia Meloni
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
Italy’s lower house backed Giorgia Meloni’s plan to expand borrowing to finance labor cost cuts, after suffering an embarrassing defeat in parliament on Thursday.
A large majority of lawmakers voted in favor of the government request for extra deficit spending, which requires the support of an absolute majority of lawmakers to be approved.