Maneuver, interventions defined after discussion with the EU on the safeguard clause

The Dpb budget plan document has been sent to the European Commission and the Italian Parliament. The Ministry of Economy announced this in a note last night.

The document, approved on Tuesday by the Council of Ministers, confirms the programmatic objectives of the Public Finance Programmatic Document (DPFP) and anticipates elements of the maneuver. The text does not yet appear on the European Commission website.

"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 results of the discussions underway with the European Authorities aimed at better defining the perimeter of activation of the national safeguard clause". This is what we read in the budget plan sent to Brussels.

The financial sector will guarantee a contribution of 0.21% of GDP to the maneuver in 2027, equal to approximately 5 billion euros. We can read it in the tables of the budget planning document sent to Brussels. The sector will also ensure contributions in the following two years, equal to approximately 3 billion in 2028 and over 2 billion in 2029.

Tajani, 'various measures are being planned to reduce tax pressure'

"As regards the economic measure, we will present to our allies a series of measures which concern the reduction of the tax burden for young people, not taxing I think up to the age of 30-35, the expansion of the abolition of road tax to all first cars. We absolutely think that we must then confirm the reduction of the IRPEF up to a base of 60,000 euros with a quota of 33%". Foreign Minister Antonio Tajani said this on the sidelines of the EPP pre-summit in Brussels.

"Then there may also be other initiatives, I am referring to healthcare. As you know, healthcare expenses incurred by a citizen in the following year can be deducted. And we ask that this can be done in the year in which healthcare expenses are incurred. We will see in what way, it could be a card, it could be an advance deduction", continued the leader of Forza Italia.

"I also believe that the European Central Bank should not increase the cost of money, and this would be a mistake, because access to credit is fundamental. If the cost of money increases, it becomes more difficult to work for the growth of competitiveness, which are two issues that are also being addressed in Europe these days", he added.