Tajani, 'no to violent attacks on bank contributions, yes to confrontation'
Quick Look
Foreign Minister Antonio Tajani, on the sidelines of the Confindustria Young Entrepreneurs conference in Capri, said he was against the tax on banks' extra profits, although he was open to a discussion about a contribution.
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Why It Matters
The declarations arrived on the sidelines of the Confindustria Young Entrepreneurs conference in Capri.
"As far as banks are concerned, I am in principle against taxing extra profits because extra profits do not exist, neither in law nor in economics. It is one thing to make a contribution, it can be discussed, I am also in favor of a confrontation with the banking system. I am not in favor of violent aggression, even verbal, towards banks because they are part of our economic system". Foreign Minister Antonio Tajani said this while speaking to journalists on the sidelines of the Confindustria Young Entrepreneurs conference in Capri.
"We must not scare the markets and investors," he added.
Open Questions
- What type of alternative contribution will the government require from banks?
