“Savings in a changing society” is the theme at the center of an event organized by Acri (Association of Foundations and Savings Banks) on Friday 30 October 2026 of the 102nd World Savings Day.
Speakers include: the Minister of Economy and Finance, Giancarlo Giorgetti; the governor of the Bank of Italy, Fabio Panetta; the president of the Abi, Antonio Patuelli; the president of Ipsos, Nando Pagnoncelli; the president of Acri, Giovanni Azzone.
The event takes place in Rome, at Salone delle Fontane, from 10.30 to 12.30.
Azzone, the maneuver takes away resources for 20 thousand NEETs or 2000 disabled people
The banking foundations were "surprised" by the tax increase contained in the Budget which "seems to be between 60 and 70 million euros", a sum "which seems modest for the state budget" but which translates into the institutions' renunciation of philanthropic projects "for 20 thousand NEET children (who neither work nor study) or autonomy for 2000 disabled people". This was stated by the president of Acri Giovanni Azzone at the Savings Day, according to which "I expect possible positions taken by subjects who will have the benefits reduced".
Acre, prudent Italians, 63% maintain liquid savings
Italians remain prudent savers, bordering on caution. According to the usual Acri-Ipsos survey on the occasion of the 102nd Savings Day, 63% keep their savings liquid, while 26% invest a small part of them and 8% declare they have invested most of them. "Even when you choose to invest, protective and planning purposes prevail over the sole search for returns." Compared to last year, the share of Italians able to save without having to make too many sacrifices remains stable (45%).
Panetta, uncertain context, Italy continues on the path of budgetary prudence
The governor of the Bank of Italy Fabio Panetta hopes that our country will continue along the path of "budget prudence of recent years", "even more so in such an uncertain international context". Speaking at the Savings Day, he underlined how this choice "has attenuated the effects of the rise in global rates. The deficit reduced from 9 percent of GDP in 2020 to around 3. Various rating agencies - he explains - have improved their judgment on the creditworthiness of the Republic, helping to contain the widening of the spread compared to German bonds; There remains room for more favorable judgments."
"The European economy is showing, like the Italian one, holding up better than expected" states Panetta. "The prospects, however, are clouded by the energy shock" which "is weighing on family budgets and business costs", as well as by geopolitical risks and financial tensions" warns Panetta. "The effects of inflation and higher financing costs could worsen in the coming months" he highlights.
"With price dynamics expected to remain above target for a long time and risks biased towards the upside, further increases in official rates may be necessary."
The governor of the Bank of Italy, Fabio Panetta, said this in his speech on World Savings Day. However, Panetta added that "the rise in long-term yields, mainly due to global factors, makes financial conditions more rigid; this too will need to be considered when gradually calibrating monetary policy". The governor recognized that "monetary policy cannot prevent price increases directly caused by the energy shock" but "it can and must prevent them from permanently influencing the expectations and behavior of families and businesses, fueling a spiral between prices and wages that would be costly to interrupt".
Patuelli: "The budget is worrying, it increases the tax pressure"
"We will give a complete evaluation when" the Budget Law "will be presented in Parliament" but "the mosaic of statements from government officials is worrying". This was stated by the president of the Abi Antonio Patuelli according to whom from what has emerged "the tax pressure would be further increased" and these measures, from the increase in Ires and Irap "would fall on the shareholders".
"I hope that before the printout sees light there will be a reflection on this, also because many of those present have not forgotten the season of banking crises and have paid for it to the point that it cost us 1.1 billion in the recovery of Popolare di Bari" said Patuelli.
