
Presented several resolutions. The Minister of Economy defends the line of prudence and consolidation. Monti announces his vote against.
AI-generated summary
Parliamentary discussion on the public finance policy document and the budget gap.
Explanations of vote on the Dpfp and on the budget variance are underway in the Chamber. Three resolutions were presented on the deviation and four on the DPFP. On the deviation there are the resolutions of the united centre-left, of Action and of the centre-right. On the Dpfp the format is similar but a Futuro Nazionale resolution is also added. The President of the Chamber, Sergio Costa, announced the documents presented. Undersecretary Lucia Albano, however, gave the government's opinion in favor of the two majority texts.
Few in the Chamber? "But I was there...", said the Minister of Economy Giorgetti, replying with a smile to the reporters who asked him in the Chamber about his few presences. At the beginning of his speech, the minister had said, noting in some way the reduced ranks in the Chamber: "good morning ladies and gentlemen present...", words commented by applause, "many of you participated in the commission meetings", he continued with his speech. "Eh, these people don't want to work on Mondays, but it seems to me that they don't really want to work on Tuesdays either," commented Giorgetti, speaking to La Repubblica.
The vote would have been scheduled for Tuesday and not Monday, due to parliamentarians' opposition to scheduling it immediately after the weekend.
Giorgetti in the Chamber: 'Clouds on the horizon. Let's continue with consolidation
The request for a budget shift for the activation of the Nec safeguard clause for defense and energy "is a conscious step away from the line of prudence that I have called for". This was stated by the Minister of Economy, Giancarlo Giorgetti, in the Chamber. "They are something that the commission recognizes and that the markets have recognized as sustainable in a path of sustainability of Italian public debt finance."
"Planning especially for three years in situations of great turbulence is very complicated and the updates, as demonstrated by the IMF findings, are weekly, so the fundamental decision underlying" our reasoning is that "when the weather report announces a storm before heading out to the open sea it is better to make sure of the conditions of the vessel and that is what we have tried to do" in recent years. "We believe we must confirm this route - he added - at a time like this when clouds are announcing themselves on the horizon and this document responds to this imprint and aims to respect the path of consolidation of finance and aims to respect the targets set by the new European governance and if conditions allow it, exit from the procedure will be possible in the spring", he added.
Live from the Chamber
Live from the Chamber
Speeches in the Chamber
Monti: 'I will vote against the budget deviation'
"I will vote against the budget deviation and the reason is simple - said senator for life Mario Monti speaking in the chamber on the 2026 public finance planning document -: the world has entered a phase that will be called the global public debt crisis, something more serious than what we experienced with the Italian public debt crisis. That was very serious for us, but at that time it was a crisis that was starting from Italy and however the rest of the eurozone was quite healthy, the United States was very healthy. Today the financial difficulties of these days, but I fear of these years, arise much higher in the historical hierarchy of countries. The United States is primarily responsible and in the European Union France is the most affected today, also because it has not done those things that we were induced, not forced, but induced to do. So we are very very careful in managing the debt and for this reason I will vote against the budget shift".
Guerra (Pd): 'It certifies the failure of the government, Giorgetti abandoned by his majority'
"Solidarity with Minister Giorgetti who spoke in front of an empty Chamber, we have never seen such a significant passage that no one shows up. It was totally abandoned by his majority" and it is "indecent", explained Cecilia Guerra of the Democratic Party in the Chamber during the discussion on the DPFP. "It is an empty document", remarks the Dem, but "it mercilessly photographs the failure of this government" as it attests to "the great vulnerability of the country".
Nicita: 'GDP growth of 0.1% is maximum propaganda'
What this document says is: let's go into debt, without absolutely explaining why, but simply to free up resources needed for the electoral campaign", declared Senator Antonio Nicita, vice-president of the Pd group at Palazzo Madama, in the chamber during the examination of the 2026 public finance planning document. "We have no element to make an assessment of what the Government intends to do, propaganda aside - he added - We are asked to vote on a debt which, according to estimates, would lead to over the two-year period 2027-28 to a GDP growth of around 0.1% which, considering that despite the contribution of the PNRR, growth in recent years has been minimal, makes us understand how absolutely empty the government's economic strategy is. A debt not to finance an emergency for citizens and businesses, but to satisfy requests without any logical basis regarding defense and energy. Let's just hope that on energy we don't proceed with tools like those used for mobile excise duties where, despite minimal effects on prices at the pump, almost a billion was given away to producers and petrol stations".
AI outlook — possibilities, not facts
Final vote on Dpfp and budget deviation in the Chamber
Very likely · Within days

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