Meloni Says Banks Should Not Complain About €5 Billion Tax

Italian Premier Giorgia Meloni defended her government’s efforts to raise €5 billion ($5.8 billion) from banks this year, after lenders profited from extraordinary market conditions.

“If out of €44 billion profits in 2025 they make about €5 billion available to us to help those who are weaker in society, then I think we can be satisfied and, at the end of the day, they can be, too,” Meloni is cited as saying in an excerpt of an upcoming book by author Bruno Vespa.

The government has announced plans to raise billions from lenders though an increase in corporate tax and ...