Italy Announces €1 Billion Plan to Cut Energy Costs ⚡🇮🇹

Italy is stepping up its support for households and businesses by planning a €1 billion investment to reduce energy costs, Prime Minister Giorgia Meloni has announced.

Speaking at her New Year press conference, Meloni reinforced the government’s focus on economic growth, affordability, and energy security. This latest package follows earlier measures worth around €3 billion, introduced just six months ago, aimed at keeping energy prices under control.

💬 “This government has already invested several billion euros to limit the impact of high energy prices. A new decree is now being prepared to add another billion in the coming weeks,” Meloni said.

The Prime Minister also expressed confidence in Italy’s economic outlook, suggesting that official growth figures may be revised upwards for 2024 and 2025—similar to the upward revision already made for 2023.

📈 Why this matters:

• Lower energy costs support business competitiveness
• Households gain greater financial stability
• Continued investment strengthens long-term economic resilience

As energy prices remain a critical issue across Europe, Italy’s move signals a strong commitment to protecting both consumers and industry while driving growth.

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