23.5 billion maneuver 2027: 5 from the banks. Abi sources: "Non-negotiated measure"

The financial coverage of the Budget Law is emerging, now that the Dpb has been transmitted by Italy to the European Commission. The focus is on interventions to support families and businesses. The coverage that will also come from cuts to ministries, the financial sector and gaming

A maneuver worth around 23.5 billion euros in 2027, with interventions to support families and businesses and coverage that will also come from the financial and banking sector, with a contribution of around 5 billion euros, as well as from cuts to ministries and games. This is what emerges from the Draft Budgetary Plan (Dpb) 2027 that Italy sent to the European Commission. The Italian Banking Association has not yet officially expressed its opinion, but some sources reveal opposition to a new disbursement, given that a three-year agreement for 10 billion euros had already been reached last year. The news then arrived without any negotiation and without warning, we learn, and without specifying how the burden will be divided between banks, insurance companies and other companies in the sector. The use of the national escape clause to finance increased spending on defense and energy security has been confirmed. The deficit is forecast at 3.4% of GDP in 2027 and 3.2% in 2028, after falling below the 3% expected this year.

Sending the Dpb to Brussels

The sending of the Dpb was announced overnight by the Ministry of Economy, with a note. The document was approved on Tuesday by the Council of Ministers and, in fact, confirms the programmatic objectives of the Public Finance Planning Document (DPFP). "The precise definition of the interventions that will be included in the budget bill soon to be presented to Parliament will take into account the outcomes of the discussions underway with the European Authorities aimed at better defining the perimeter of activation of the national safeguard clause", we read in the document sent to Brussels.

For the 5 billion families, it is the heaviest item

According to the tables, the measures for the family and social spending will be worth 0.21% of the GDP, around 5 billion: they are the heaviest item. For "fiscal measures" 0.09% of GDP is expected, around 2.16 billion, while for defense 0.19% (4.5 billion) and for healthcare 0.1% (2.4 billion). And again: 0.14% (3.3 billion) is expected for business support and 0.13% (3.1 billion) for infrastructure.

The League is pushing for pensions at 64 and a 5% flat tax for young people

Looking at the measures, in the next Budget Law the League aims to introduce the possibility of retiring at 64, for those who have completed the required requirements, and the 5% flat tax for young people, as the Undersecretary of Labor, Claudio Durigon, makes known.