
The Draft Budgetary Plan sent to the European Commission
AI-generated summary
The Budget Plan is the instrument with which Eurozone countries send spending plans to the European Commission.
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 sector (equal to 5 billion), from cuts to ministries and from games.
This is what emerges from the 2027 Draft Budgetary Plan (Dpb) sent by Italy to the European Commission, which confirms the use of the national safeguard clause to finance increased spending on defense and energy security.
The deficit is forecast at 3.4% of GDP in 2027 and 3.2% in 2028, after falling below the 3% expected this year.
"The Government places the protection of the purchasing power of families at the center of budget policy, with particular attention to the most fragile ones, as well as support for businesses and investments", we read in the document.
According to the tables, measures for the family and social spending will be worth 0.21% of GDP, around 5 billion, and are the heaviest item.
For 'fiscal measures' 0.09% of GDP is expected, approximately 2.16 billion, for defense 0.19% (4.5 billion), for healthcare 0.1% (2.4 billion), for business support 0.14% (3.3 billion) and for infrastructure 0.13% (3.1 billion).

The 2025 INPS pension register shows that 35.3% of pensioners in the South receive less than a thousand euros per month, compared to 20.2% in the North. The highest incomes are concentrated in the Centre-North.

According to the INPS Observatory, in 2025 over 4.5 million Italian pensioners (27.5% of the total) will receive less than 1,000 euros per month. 45% of pensioners have payments of less than 1,500 euros.

The decisive phase of the Transition 5.0 plan begins. From 15 October, companies can send the GSE communications of completion of investments, after the projects presented for approximately 7 billion euros in four months.

According to Istat data, the incidence of absolute poverty in Italy drops to 8% for families and 9.3% for individuals in 2025. The phenomenon mostly affects the South, large families, minors and those with low educational qualifications.

Italy has sent the 2027 budget plan to the European Commission. The measure is worth around 23.5 billion and provides aid for families and businesses, also covered by the financial sector, cuts and games. Deficit at 3.4% of GDP in 2027.

European stock markets are moving uncertainly due to fears over US inflation and Fed rates, which fuel sales of technology stocks. London, Paris and Madrid are up, Frankfurt is down.