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    Italian general elections: Far-right party led by Giorgia Meloni likely to form government

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    Italian general elections: Far-right party led by Giorgia Meloni likely to form government

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    Italy would be going to polls on Sunday as it elects its new government, its 71st in 77 years of post-World War-II history. If the polls are anything to go by - there could be a tectonic shift in Italian politics- Brothers of Italy, a far-right party is expected to emerge as the largest party catapulting its leader Giorgia Meloni to the top post.

    Italy would be going to polls on Sunday as it elects its new government, its 71st in 77 years since World War II. If the polls are anything to go by — there could be a tectonic shift in Italian politics — Brothers of Italy, a far-right party, is expected to emerge as the largest party catapulting its leader Giorgia Meloni to the top post.
    The 45-year-old Meloni, known for her ultra-conservative views, would become the first female Prime Minister in Italy’s history — she would also become the first far-right leader to lead the country since Dictator Benito Mussolini.
    In an interview to CNBC-TV18, David Broder, author of Mussolini's Grandchildren, said Meloni might need to follow a more interventionist policy given high inflation and energy prices in Europe.
    “Meloni is leading a right-wing coalition and their big message is heavy tax cuts. Italy currently has progressive taxation, so the less you earn the less percentage you pay — they want to replace that with a flat tax. So they want to radically reduce overall taxation," Broder said.
    He further said the coalition also wants to cut back on the spending on environmental transition. "However while Meloni is making a big deal about her free market position, lower tax and so on, due to the crisis of energy prices and inflation in Europe, I think we could very quickly go into a trend where she will need to follow a much more interventionist policy," Broder explained.
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