Giorgetti: 'GDP towards +0.7%, does not change the accounts. On Ires arrived, will see the light on Saturday night'
The alarm of the Minister of the Economy speaking at Atreju: '400 million, coming from the banks'
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Italian growth is slowing down but Economy Minister Giancarlo Giorgetti is still optimistic that it will do better than the most up-to-date forecasts. The government's numbers were 'absolutely prudential', reiterated the Treasury chief in a speech at Atreju, the Fratelli d'Italia party, so much so that even if GDP were to stop 'at 0.7', the 'public finance numbers would not change. On the contrary, we are convinced,' he added, 'that we will obtain better results'.
The geopolitical situation with its repercussions on the economies of the entire Old Continent is also weighing heavily. "The world has unfortunately embarked on a very complicated situation," he emphasised, "and old Europe is facing that wave we have spoken about so many times, which means industrial reconversion generated by the green transition and which has arrived strongly, perhaps earlier than expected, and is starting in Germany, alas, to cause deaths and injuries.
While the minister was speaking at Atreju, the Budget Committee of the Chamber of Deputies was examining the budget law on which the first changes proposed by the rapporteurs were recorded, including one on milk quotas, a flagship battle of the League. Others are to come.
On the manoeuvre: "Amendment triggering Transition 5.0"
.Regarding the manoeuvre, Giorgetti explained that 'on investments, I wanted to point out that 4.0 has not disappeared if you want to know how much I spent in 2024 is much more than what I allocated with 5.0. The dynamic continues. 5.0 has a complicated regulation I do not want to blame anyone but to define this measure at the European level we took 3-4 months, yesterday came the approval of changes that will enter tomorrow or the day after tomorrow in an amendment that makes it start, makes it accessible and also cumulative'.
"On Ires arrived, will see the light on Saturday night. 400 million come from the banks'
."The logic of the premium IRES," he added, "is that if you as an entrepreneur have made profits and you keep them in the company, we give you a tax rebate, a seemingly simple mechanism that we want simple and wait between Saturday and Sunday, someone will be forced to pull an all-nighter, will see the light. We worked and we got there". "I confirm the coverage," he continued, "we hope not to make mistakes as we have done in the past on other measures, of 400 million, but that does not mean that the investments mobilised are 400 million. Asked on the sidelines by reporters if this money will be taken from the banks, he replied: 'Yes'.
