Italian Parliament approves budget deviation and public finance plan, clearing path for larger 2027 spending
On October 13, 2026, Italy’s Chamber of Deputies and Senate approved majority resolutions authorising a budget deviation tied to the 2026 Public Finance Policy Document. The move gives the government formal flexibility to increase 2027 and 2028 spending for defence, energy security and targeted support for households and businesses, while prompting warnings from fiscal watchdogs about higher deficits.