Salvini says Italy may seek an additional contribution from banks

Matteo Salvini, Italy’s deputy prime minister and League leader, has reacted with surprise to banking representatives’ objections to a contribution included in the budget plan.

The League says banks have reported record profits and dividends for shareholders.

Salvini is determined to find more funds to support workers, pensioners and infrastructure investment.

The party says it may propose an additional contribution from banks in parliament.

The proposal is linked to the sector’s strong financial results.

The source does not say whether the League has formally introduced the proposal or what happens next.