Golden Finance reports that the Italian Parliament finally approved the 2025 budget just days before the year-end deadline, an important 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 EU fiscal rules. The government plans to reduce the national deficit to 3.3% of GDP next year and below the EU limit of 3% in 2026. Among the last-minute tweaks to the budget were the decision to maintain the tax rate on cryptocurrencies at 26% in 2025 and increase it to 33% in 2026, rather than the 42% initially proposed. The Italian Prime Minister's pledge to cut taxes for low- and middle-income groups will help consolidate his position in power, but it also means that the pace of returning to fiscal stability will be slower by EU standards. (Golden Ten)