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Rome CNN —Italian Deputy Prime Minister Matteo Salvini was found not guilty in a criminal kidnapping case dating back to August 2019, when he barred a migrant vessel from docking in the country, leaving it stranded offshore. The ruling judge said Friday that “the facts do not exist.”The case dates back to when Salvini was interior minister in 2019. At the time, Salvini cited national security concerns, amid government efforts to crack down on irregular immigration by sea into Italy. The case drew international attention after American actor Richard Gere, who was vacationing in Italy at the time, took food and water out to the stranded migrant vessel. Defending Italy’s borders was my duty, and I am proud of what I accomplished.
Persons: Rome, Matteo Salvini, Salvini, Richard Gere, Gere, Giulia Bongiorno, Elon Musk, ” Salvini, ” Musk, Marzia Sabella, , , Giorgia Meloni’s Organizations: Rome CNN, NGO, Salvini’s Lega, Albanian Centers, European Court of Justice Locations: Sicily, Italy, Salvini’s, Europe, Palermo, Albania
His party more than doubled in size in parliament to tower over mainstream parties that long specialized in marginalizing him. Suddenly on Thursday, there was hope in the air again for nationalist conservative populists, especially with an European Parliament election coming up in June. Earlier, Slovakia had already turned populist with Robert Fico’s Smer party winning a general election and setting up a coalition government with an ultranationalist party. Wilders calls for a “Nexit” referendum — a Dutch version of Brexit which saw the United Kingdom leave the EU. By nature, Dutch politics rely on coalitions between several parties and no other suitable party has followed Wilders on that.
Persons: Geert Wilders, firebrand Wilders, , Alice Weidel, Wilders, Robert Fico’s Smer, Viktor Orbán, behemoth, Le Pen, , Hendrik Vos, Vos, Matteo Salvini Organizations: Party for Freedom, Law, European Union, EU, France, Inter, Ghent University, League Locations: BRUSSELS, Europe, Poland, Netherlands, Germany, Ukraine, Slovakia, Hungarian, France, United Kingdom, Italian, Italy
Meloni’s Italian job is a lesson for EU’s right
  + stars: | 2023-09-26 | by ( Lisa Jucca | ) www.reuters.com   time to read: +7 min
This is particularly true of Meloni’s surprise decision in August to tax what she called “unjust profits” by domestic banks. Ill-fated tax credits for building renovations introduced by a previous executive are expected to balloon to up to 150 billion euros, UniCredit analysts reckon. That’s 30 billion euros higher than what the current government predicted in April, or around 1.5% of GDP. That’s Meloni’s biggest Italian lesson for parties like Vox and AfD. CONTEXT NEWSThe Italian Treasury will present new economic targets on Sept. 28, which will be the framework for the country’s 2024 budget.
Persons: Spain’s, Benito Mussolini’s “, Rome ”, Ursula von der Leyen, Meloni, Vladimir Putin, , Silvio Berlusconi, Matteo Salvini – Meloni, , Mario Draghi’s, it’s, Giancarlo Giorgetti, Liz Truss, Meloni’s, Vox, Giorgia Meloni, Francesco Guerrera, Oliver Taslic Organizations: Reuters, NATO, European Union, EU, Commission, Economy, Italian Treasury, Thomson Locations: Rome, Italy, Ukraine, Kyiv, China, Greece, Brussels, British, Italian
Italy’s bank tax may be anything but “one-off”
  + stars: | 2023-08-08 | by ( ) www.reuters.com   time to read: +2 min
Italy's Infrastructure Minister Matteo Salvini attends the upper house of parliament ahead of a confidence vote for the new government, in Rome, Italy, October 26, 2022. REUTERS/Guglielmo MangiapaneLONDON, Aug 8 (Reuters Breakingviews) - As summer surprises go, the one Matteo Salvini sprung on Italy’s banking sector on Monday evening was as unwelcome as they get. In a late-night press conference, Italy’s deputy prime minister announced a windfall levy on lenders’ profits to help pay for cheaper mortgages and income tax cuts. The government is looking to raise less than 3 billion euros from the tax, Reuters reported citing sources close to the matter. Shares in Italy’s two largest banks – Intesa Sanpaolo (ISP.MI) and UniCredit (CRDI.MI) – dropped more than 5% in morning trading.
Persons: Matteo Salvini, Guglielmo Mangiapane, , Siena, Francesco Guerrera, headwinds, Peter Thal Larsen, Streisand Neto Organizations: Italy's, REUTERS, Guglielmo Mangiapane LONDON, Reuters, Banco, Banca Monte dei, Twitter, Siemens, Thomson Locations: Rome, Italy, Spain, Hungary
He and his party, which built Italy’s center-right coalition when he entered politics in 1994, had become increasingly irrelevant. In 2018, the conservative leadership moved to Matteo Salvini, the hard-right leader of the nationalist League party (formerly the Northern League party). By 2020, the once marginal post-Fascist party Brothers of Italy had outperformed Mr. Berlusconi’s once powerful Forza Italia. But Mr. Berlusconi still dreamed big. In the most right-wing government since Mussolini, Mr. Berlusconi argued that he would keep a toe in the center.
Persons: Matteo Salvini, Berlusconi’s, ” Mr, Berlusconi, , Mario Draghi, , ’ ” Cristian Romaniello, Mr, Draghi, Meloni, Mussolini Organizations: nationalist League party, Northern League, Brothers, Forza Italia, Salvini’s League, “ Fascists, Star, European Central Bank, Five Star Locations: Italy
Giorgia Meloni was sworn in as Italy’s first woman prime minister on Saturday alongside her cabinet team, giving the country its most right-wing government since World War II. Meloni, head of the nationalist Brothers of Italy, swept to victory in an election last month as part of a coalition that included Forza Italia, led by former premier Silvio Berlusconi, and Matteo Salvini’s League. “I swear to be faithful to the republic,” the 45-year-old Meloni said under the crystal chandeliers of a frescoed chamber, before shaking hands with President Sergio Mattarella. Her government, the 12th this century, replaces a national unity administration led by former European Central Bank chief Mario Draghi. After days of often tense, behind-the-scenes talks, Meloni unveiled her team on Friday, giving five ministries each to her junior partners, the League and Forza Italia, while reserving nine cabinet posts for her own party.
A presidential palace official announced that Ms Meloni and her Cabinet would be sworn in on Saturday. Meloni’s Brothers of Italy, a party with neo-fascist roots, secured the most votes in Italy’s national election last month. Meloni made no public comments before leaving the Quirinal presidential palace. Giorgia Meloni, center, leaves the Quirinale Presidential Palace in Rome on Friday. Berlusconi and Salvini are long-time admirers of Russian President Vladimir Putin; Meloni staunchly backs Ukraine in its defence against the Russian invasion.
Register now for FREE unlimited access to Reuters.com RegisterSept 26 (Reuters) - Euro zone government bond yields jumped to multi-year highs amid expectations that central banks will keep tightening their monetary policy despite recession risks and a new sell-off in British gilts. Meanwhile, the spread between Italian and German yields widened after the rightist coalition won a clear majority in Sunday's elections. Italian bond (BTP) prices are also more susceptible to shifts in interest rate expectations, given the country's vast debt burden. Giorgia Meloni looks set to become Italy's first woman prime minister at the head of its most right-wing government since World War Two. "Bond yields across Europe are correlated, and today's jump in Britain yields is again affecting the euro area," he added.
Meloni leads the Brothers of Italy Party (Fratelli d’Italia, or FdI), a populist party with roots in Italy’s post-war fascist movement. From left, The League's Matteo Salvini, Forza Italia's Silvio Berlusconi, and Brothers of Italy's Giorgia Meloni attend the final rally of the center-right coalition in Rome on Thursday. Meloni’s office and the Brothers of Italy Party did not answer requests for comment by NBC News. Clashes between protesters and police close to a rally held by election frontrunner Giorgia Meloni on Tuesday in Palermo, Sicily. And now it’s happening with Giorgia Meloni,” he said.
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