Italy's Deputy PM Seeks to Water Down Bank Tax, Reports Say.

His junior coalition party Forza Italia, founded by former premier Silvio Berlusconi, has already prepared a number of proposals to tweak the windfall tax that will be discussed in parliament after the summer recess, according to an interview published in newspaper Il Messaggero and other media reports. (Bloomberg) -- Italy's Deputy Premier Antonio Tajani wants to make changes that will reduce the impact of a controversial levy on banks' extra profits, according to several newspapers reports. Tajani, who's also foreign minister, was kept in the dark about Meloni's plans to fast-track the tax, which hadn't been discussed with the broader cabinet and with lenders before it was made public, according to the reports. [Extracted from the article]