Italy government wins confidence vote on 2018 budget

The Italian government easily won a confidence vote on its 2018 budget in the lower house Chamber of Deputies, in a step towards approving its financial plans by the end of the month. The budget aims to lower next year’s fiscal deficit to 1.6 percent of gross domestic product from a targeted 2.1 percent this year and introduces a “Web tax” from 2019, obliging companies to pay a 3 percent levy on some Internet transactions. REUTERS