Giorgetti: in the 2024 budget, sacrifices for all and taxes on revenues. Piazza Affari in decline

John

By John

Giorgetti he then explained that he Member States with high levels of public debtlike Italy, will have to adopt measures to reduce the deficitbut these budgetary restrictions could limit investments in strategic sectors such astechnological innovation and the ecological transition. Major global economies are addressing these challenges massively public investmentscreating a gap between theEuropean Union and other economic powers. Despite the difficulties, Giorgetti he concluded by stating that the new European rules they represent, however, an improvement compared to the previous one Stability and Growth Pact (SGP)thanks to a greater flexibility in budget management and better integration between the economic policies of the various European countries.

“The market situation of high interest rates allowed to Mps to come out of its problems brilliantly and the success of the sale of the share proves it”, added the ministerexplaining that “the idea is still to create an industrial project a medium term” and the bank “can and must play a role in shaping what will become the Italian banking sector in the future”. In addition to Mpsthe government should also proceed with the sale of a further tranche of Italian Post Officefollowing what was decided in mid-September, while maintaining at least the 35% of the capitalan operation that could lead to the coffers of the State approximately 2.5 billion euros. Among the hypotheses of dates for the transfer, those of Monday 14 or Monday 21 October had emerged Giorgetti today he did not comment on this. The ministerIn fact, he said that for the next budget “there will be a call for contributions for everyone, not simply for women banks“, thus suggesting the project of a unexpected withdrawal on a large number of companies. Among the sectors affected there will also be defensein addition to “others who benefit from the market context”, announces the ministerreferring to the ongoing conflictsparticularly in Middle East and in Ukraine.

Then the call to arms: “We will cut the expensesbut there will also be a competition of come in and there will no longer be narrative as in the past extra bank profits since at that moment the banks they made more profits”, as “it is not a question of taxing them extra profitsbut to tax i fair profits“https://gazzettadelsud.it/articoli/economia/2024/10/03/giorgetti-nella-manovra-2024-sacrifici-per-tutti-e-tasse-sui-ricavi-piazza-affari-in-calo-f0406f90 -9709-42cb-a003-ba5f6f37839d/.”On the demanding path of returning to deficit it is clear that we are preparing to approve one maneuver that it will require sacrifices from everyone” and that “it will be an effort that the entire village must support, individuals, but also small, medium and large companies and the Public administration“, he concludes Giorgetti: “We are all part of a Village who has to settle accounts. The call to contribution It’s for everyone.”

The minister talking about the challenges related to the new European economic contexthe underlined how the rules introduced by agreements between 27 member countries of the European Union are complex not only from a technical point of view, but also from a communicative point of view. The minister also highlighted that the new regulations they do not completely resolve the issue of fiscal policy at European and national level eurozone.