Italy's parliament gave final approval to the 2025 budget just days before the year-end deadline, a major victory for Prime Minister Meloni. Meloni and his finance minister, Giorgetti, worked together to craft a package of tax cuts designed to win over voters while adhering to European Union fiscal rules. The government plans to reduce the national deficit to 3.3% of GDP next year and below the 3% cap mandated by the European Union in 2026. In last-minute adjustments to the budget,...