Giorgetti, 'the levy on banks will be sustainable, no one will die'

"I confirm that a contribution will be asked from the financial system because we believe it can support it, even in the forms we believe it will be something sustainable". Economy Minister Giancarlo Giorgetti said this on the sidelines of the IMF meetings in Bangkok, commenting on the rumors of a new levy on banks to finance the measure. Giorgetti added that "keeping the spread under control is in everyone's interest" referring to the fact that banks have billions of euros of BTPs on their balance sheets. Furthermore, when asked about possible appeals from the banks, the minister commented "all Italians could take the State to court because it increases taxes. We will try to calibrate the right thing to do, I don't think anyone will die".

"As far as Irpef is concerned, to the extent that all the boxes and pieces of the puzzle these days go to make room for interventions, the big choice we face is whether to make selective or generalized interventions".

"It's not right for the minister alone to decide, we will evaluate together with the parties, the leaders and President Meloni. Two weeks ago I had an income and expenditure picture, now it's not that I'm optimistic but we're going in the right direction."