
AI-generated summary
The government is working on the budget law for 2027, which provides for an authorized budget gap for energy and defense expenditure of 14.4 billion, out of a total budget of 23.4 billion. Negotiations are underway with the European Commission to obtain greater budget flexibility linked to inflation, while internally the majority must define priorities and face requests for contributions from the financial and insurance sector for 5 billion.
Over two hours, then the announcement: the approval of the budget law in the Council of Ministers "will be postponed by a few days", probably to October 28th, beyond the initially imagined date of the 23rd. Officially to take into account the outcome of the discussions with Brussels to "obtain greater flexibility", unofficially also because the issue of selecting priorities is not resolved at all. As well as the 5 billion contribution expected by the Government from the financial sector.
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Summit still "interlocutory"
The majority summit on the maneuver between Giorgia Meloni and the allies - Antonio Tajani for Fi, Matteo Salvini for the League, Maurizio Lupi for Noi Moderati - together with the Minister of Economy Giancarlo Giorgetti was "interlocutory", as multiple sources report. Furthermore, it came at the end of a complex day, which began with the assessment of the devastation at the demonstrations in Milan, Turin and Bologna and continued with the protest of the trucks against the high cost of fuel. An explosive mixture of uneasiness that makes the road to the budget law all uphill: the allocation of 23.4 billion, of which 14.4 deriving from the extra trade deficit authorized for energy and defense expenditure, appears increasingly small compared to the challenges to be faced and less and less useful from an "electoral" perspective.
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Waiting for Brussels' answers
The Government and majority test is difficult: trying to select the most effective measures, both in absolute terms and in terms of consensus, to create a "worthy" text to present to the Council of Ministers. The meeting opened with a point on the discussions with the European Commission both on the topic of investments that can be financed with the budget gap and, above all, on the request for further flexibility linked to inflation on which Meloni returned to office on Friday in Brussels with Ursula von der Leyen, saying she was "optimistic".
The gift for the police
The 7.2 billion of the 14.4 billion reserved for defense for 2027, even more so in light of the tension rising in the streets, will also include a provision for hiring and equipping the police forces. A signal of attention that the center-right considers necessary and which could also include an intervention on the social security system to compensate for the penalties of a category that retires early and accrues fewer contributions.
New dispute over the banks' contribution
There was not the same identity of views on the 5 billion contribution from the banking and insurance world put in black and white in the Dpb. The prime minister, in line with Tajani, recommended caution in negotiations and in tone. An indirect warning to Salvini, who continues to hit hard.
AI outlook — possibilities, not facts
The approval of the budget law will take place on 28 October 2026
Likely · Within days
The government will get some form of flexibility from Brussels on the budget law
Possible · Within weeks
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