alt Hacker NewsItaly's unconsolidated budget for 2025 is projected to be around 700 billion euros in revenue and 900 billion in expenditures:
https://www.rgs.mef.gov.it/VERSIONE-I/attivita_istituzionali...
So yeah, whoever talks about these fines as a strategy for fixing the budget knows nothing about the actual budget of a G7 state, these fines are completely immaterial to Italian fiscal policy.
For perspective, that's roughly equivalent to someone with a €50,000 annual income finding €7 on the street and someone claiming they're doing it "to survive."
From a post I saw on reddit:
> In 2024 EU fined US tech companies €3.8B meanwhile public internet tech companies paid only €3.2B in income tax
How is it not a major budget contribution to have fines on American companies bigger than revenue from your entire tech industry?
That is a de facto tax, particularly when they announce these new fines monthly like clockwork.