The so-called Superbonus 110 program for climate-friendly renovations has been threatening public finances, officials say The Italian government has scrapped a climate-friendly tax credit program, claiming it had cost more than €110 billion ($117 billion) and led to widespread fraud. According to Finance Minister Giancarlo Giorgetti, the “reckless policy” was a threat to public finances. “We have decided to stop the effects of a wicked policy that has benefited a few citizens but has placed a burden on each of us from the cradle onwards of €2,000 ($2,132) per head,” Giorgetti told reporters on Thursday. The so-cal
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