Why is Italy's Meloni defending a windfall tax on banks?

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Europe

Why is Italy's Meloni defending a windfall tax on banks?

When Italy’s government recently imposed a windfall tax on banks’ record profits, shares tumbled. But Prime Minister Giorgia Meloni said she would do it again in order to help mortgage holders. Is it a fair tax on highly profitable organisations, or a populist move that could hurt Italy’s standing among investors? Guests: Francesco Sassi Research Fellow in Markets and Energy politics at Research Institute in Bologna Lorenzo Codogno Former Chief Economist at the Italian Treasury Vicky Pryce Chief Economic Adviser at the Centre for Economics and Business Research Roundtable is a discussion programme with an edge. Broadcast out of London. It’s about bringing people to the table, listening to every opinion, and analysing every point of view. From fierce debate to reflective thinking, Roundtable discussions offer a different perspective on the issues that matter to you. Watch it every weekday at 15:00 GMT on TRT World.