Maneuver, banks attack: "Doubts of constitutionality". "Stupor" by Salvini
Meloni could bring allies together before the EU summit in Dublin; banks, unions and parties are pushing for changes
Quick Look
- The government is working on a majority summit to resolve tensions over the maneuver, with Meloni likely to reunite allies before the EU summit in Dublin.
- On the table there are hedges, flags to defend, protests from banks over Superbonus credits and criticism from unions, while changes to pensions and exit taxes are being studied.
AI-generated summary
Why It Matters
The government is defining the budget for 2027, with tensions in the majority coalition over coverage and priorities. Banks criticize the fiscal measures of the last three years and the squeeze on Superbonus credits, while unions protest about the lack of support for fixed incomes. The Mef preaches prudence to exit the EU procedure for excessive deficit.
We are moving towards a new summit between the majority leaders to resolve tensions over the maneuver. Giorgia Meloni could reunite the allies in the next few hours, before flying to Dublin for the informal EU summit. Coverings and flags to defend are on the table, in a coalition already shaken by the turbulence over aid to Ukraine. And to further ignite the debate comes the attack of the banks with the general director of the ABI, Marco Elio Rottigni, who accuses before the Budget commissions of the House and Senate: the maneuver raises "strong doubts of constitutionality". The association aligns the weight of the last three budget laws on the institutions: 29 billion for the fiscal measures of the budget laws for the three years 2025-2027: 22 billion for the maneuvers of the last two years and 7 for the one next year being examined by Parliament. And he goes so far as to evoke a "forced restructuring of a state debt" due to the squeeze on Superbonus credits.
Salvini "surprised by banks does not rule out further contribution"
The MEF keeps its purse strings tight, in the name of the "prudence" preached by Giancarlo Giorgetti also to exit the EU procedure for excessive deficit. However, some "minimal corrective measures" will arrive from the government. And the glimmers of hope for banks - and ANCE - concern construction loans. On the commitment asked of the institutions, however, the wall remains unshakeable, so much so that Salvini - amazed by the bankers' protests - raises the specter of "a further contribution". The decision to spread the Superbonus credits over ten years remains a raw nerve for the ABI. This is a retroactive change with possible repercussions on accounts and investments, denounces the association led by Antonio Patuelli, without excluding an appeal to the Council, sending the shareholders forward. First, however, the path of dialogue will be attempted: a bilateral meeting with Palazzo Chigi is hoped for as early as Friday. "That the ABI can complain about having lost money with the Superbonus seems a bit excessive to me", however, is the far from conciliatory reply from FdI's economic manager, Marco Osnato.
Trade union protests
The climate does not ease with the arrival of the INPS and the unions at the hearings, amidst the attacks of the CGIL - ready for a general strike on 20 November - against a measure that offers "no support for 92% of those who live on a fixed income", the CISL-branded accusations of "unfair measures and the negative emphasis of the UIL "on flat taxes, pensions and schools". Protests to which are added the findings of the parliamentary technicians: in Dossiers from the House and Senate reveal doubts about the constitutionality of the constraints imposed on the Regions for healthcare services purchased by accredited private individuals, as well as requests for clarification - among others - on banks and insurance companies, social security and new born funds.
The changes to the study
However, it is away from the cameras of the hearings that the real negotiation takes place, with the first amendments of the groups in the home stretch between Thursday - when Giorgetti is expected for the grand finale of the hearings - and Friday. In addition to the Superbonus credits, the government is evaluating adjustments to pensions, from revaluations to social security in the security and defense sector, areas in which FI and Lega are moving, with Salvini who will meet the unions of the sector in the next few hours. Another hot topic is the exit tax, the 26% tax on the latent financial capital gains of those who transfer their tax residence abroad. FI prepares amendments to cancel or rewrite parts of the law, underlining that it is not enough to raise the threshold from 800 thousand to 5 million. In its wake, the League also aims to raise the limit and safeguard start-ups and shares received as remuneration. However, no glimmer of hope appears to be opening up on healthcare at the moment, despite the protest by doctors and nurses announced for December 5th: behind the scenes, governors are actually being called upon to manage the funds responsibly.
In-depth analysis
Working mothers bonus 2027, what changes with the new maneuver
What to Watch
AI outlook — possibilities, not facts
The government will make minimal corrections to the measure, in particular on construction loans for banks and ANCE
Likely · Within days
A bilateral meeting will be held between Abi and Palazzo Chigi as early as Friday
Possible · Within days
Salvini will meet the unions in the security and defense sector in the next few hours
Very likely · Within hours
Open Questions
- What will be the minimum corrective measures that the government will make to the maneuver?
- Will the Abi present an appeal to the Council against the tightening of Superbonus credits?
- What specific changes will be made to pensions and exit tax?
- Will the majority summit be able to regroup the coalition?
