Italy abolishes road tax for 2027 to ease fuel price burden

Italy's government, led by PM Giorgia Meloni, will suspend road tax for one year in 2027 for light passenger cars and all motorcycles/scooters, covering ~14.5 million vehicles, citing high fuel prices. Meloni also signals intent to permanently abolish the tax if possible. This is a domestic fiscal measure with limited direct market impact, but could signal populist fiscal policy ahead of elections.