Giorgetti “Uncertain, sustainability and compliance with EU rules for economic stability”

ROMA (ITALPRESS) – “The draft law of Budget is inserted in an uncertain context. The high debts accumulated as a result of the crises in recent years, concerns about the future evolution of growth and inflation, fears linked to risks of political instability represent factors that have led to the rise of the yields of medium and long-term public bonds in the major world economies. In this context, a budgetary policy aimed at ensuring the sustainability of debt and in line with the rules of European economic governance can foster the economic and financial stability of our country, which every year renews about 400 billion public debt securities”. Thus the Minister of Economy and Finance, Giancarlo Giorgetti, in audition in the Committees Budget of Chamber and Senate on the Law of Budget 2026.

“Every comparison of maneuver with those of the previous years would not take into account some factors, starting from the change of public finance rules at European level and that last year’s budget law has financed in permanent and structural measures which in the past were financed year by year. The maintenance of a responsible budget policy is a fundamental requirement for our country. In the new framework of European governance, room for manoeuvre in the light of the rule of net expenditure is more contained than the past,” he added.

“The reduction of 2 percentage points of the second Irpef rate is aimed at protecting taxpayers with average incomes, to which 3 billion were earmarked. This measure extends the audience of subjects who had benefited from the 2025 of the structural reduction of the tax wedge, involving 13,6 million taxpayers, i.e. 32% of the total, of which 8,2 million employees The expected average benefit is 218 euro years, with a maximum benefit of 440 per year”.

“An important contribution comes from the banking and insurance sector, which will provide resources of approximately 10 billion in the three years. An absorbable impact in the light of the solidity and profitability of our banking system, to which he also contributed the line of rigor on public accounts adopted by this government.” So again the Minister of Economy and Finance.

– Photo IPA Agency –
(ITALPRESS).

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