Italy PM Meloni Assumes Full Responsibility for Bank Tax

Italian Prime Minister Giorgia Meloni takes "full responsibility" for the decision to impose a one-off bank tax, which has damaged her government's credibility with financial markets. Meloni defends the tax, stating that it was the right thing to do and had no punitive intent. The tax targets banks' profits from higher rates, but the government's muddled communication and backtracking on the tax have caused concern among international investors. Meloni also addresses a potential alliance with France's Marie Le Pen, stating that it is too early to discuss such moves.