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Italy's budget plan includes pension contributions for newborns

An English-language bulletin details tax cuts and family measures, then reports on missing Italians in Spain and a judicial decision criticized by Meloni.

Channel: RaiNews ·

ItalyStory of October 30, 2026Trari Newsroom

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RaiNews: The news division of RAI, Italy's public broadcaster. 162K subscribers and 196M views.

Italian News in English - 29/10/2026

Things we can learn from the video

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0:38The budget rundown covers income tax cuts, vehicle-tax exemptions, rental taxes and pension contributions for newborns.
2:35Two Italian women remain missing after Spain's train disaster; another previously missing person has contacted the consulate.
3:07A Milan judge releases Siher, finding the prosecution's case unsupported and distinguishing civil disobedience from incitement.
4:47Meloni criticizes the release decision, drawing objections from the magistrates' association and Democratic Party leader Elly Schlein.
5:25Inter joins Lazio at the top of Serie A, while Milan and Juventus lose and Napoli wins.

Italy's government plans to start pension savings at birth: from 2027, it would put €100 into a pension fund for each newborn. The measure features in a €26 billion budget package combining personal income tax cuts with support for young people and families.

RaiNews, the news service of Italy's public broadcaster RAI, sets out the measures in "Italian News in English - 29/10/2026." Studio journalist Alessandro Marchetti's explanation covers reductions in IRPEF, Italy's personal income tax, alongside flat-tax thresholds, vehicle-tax exemptions and lower rental taxes. The bulletin says banks are expected to contribute €5 billion toward financing the package. This is government approval of the budget plan, not a report that every measure has become law.

The broadcast then turns to the train disaster near Toledo, Spain. It reports that two Italian women remain missing, while a third person previously unaccounted for contacted the Italian Consulate to say she was safe. Italian consular officials are providing assistance at the scene.

A separate report examines a Milan judge's decision to release Youssef Siher, who had been arrested on suspicion of organizing clashes and looting during October protests. According to the bulletin, the judge found insufficient evidence to support the prosecution's case and no flight risk. It quotes the judge's finding that Siher had called for civil disobedience rather than incited violence.

Prime Minister Giorgia Meloni called the decision shameful, the report says. Her criticism prompted objections from the National Magistrates Association and Elly Schlein, leader of the opposition Democratic Party. The segment presents both the court's reasoning and the political response, rather than treating the original accusations as established facts.

The bulletin closes with Serie A soccer: Inter's victory in Venice brings the club level with Lazio at the top, according to the sports report. Milan and Juventus lose, while Napoli wins.

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