Prime Minister Giorgia Meloni’s main government coalition partners clashed on Saturday after the League floated a proposal to raise €5 billion ($5.8 bllion) in revenues by taxing Italian banks’ windfall profits, and was quickly slammed by Forza Italia.
The League’s Matteo Salvini, the country’s transport minister, and Forza Italia’s Antonio Tajani, foreign minister, diverged on a key point of friction: whether — and how — to raise revenues from banks.