Meloni: 'With manoeuvre Italy out of deficit procedure'. Giorgetti: 'Multi-year hyper-amortisation'. Concessionary tax on gold still on the table

"The manoeuvre allows Italy to exit the excessive deficit procedure as early as next year without, however, renouncing the objectives that we have set ourselves since we took office, and in this manoeuvre we introduce the super and hyper depreciation" to support businesses. Thus in a message to the Confimi Assembly the premier Giorgia Meloni.

New meeting tomorrow, Thursday 4 December, at 11 a.m., to take stock of the amendments to the manoeuvre, between members of all the groups of the Senate Budget Committee and the government. Among the topics on the agenda, as last week, are those that were left out of the package of reported amendments, including local authorities, disasters, Italians abroad and the parliamentary treasury. According to several senators, voting on the amendments is not expected to start before the middle of next week.

"We are at work, these are crucial days for the budget law," said Economy Minister Giancarlo Giorgetti speaking via video link-up at the Confimi Assembly.

With the manoeuvre, Giorgetti continued, "the government has proposed to Parliament to allocate 9 billion for companies over three years and the main measure on which we are completing the refinement is the hyper-amortisation for investments and technologically advanced materials as well as for energy efficiency. The production world has asked us to give these measures a multi-year horizon and we believe we can guarantee it,' Giorgetti added

Meanwhile, as reported by laPresse, Fratelli d'Italia's amendment to the manoeuvre that aims to enshrine that thegold reserves of the Bank of Italy belong to the people and has become object of evaluation by the ECB changes. In the rewording, as stated in the dossier in circulation, it becomes an authentic interpretation: it is specified that 'the second paragraph of Article 4 of the consolidated text of the law on currency matters, referred to in Presidential Decree No 148 of 31 March 1988"(which provides that 'the Banca d'Italia shall provide for the management of official reserves, in compliance with the provisions of Article 31 of the Statute of the European System of Central Banks and of the European Central Bank') 'shall be interpreted as meaning that the gold reserves managed and held by the Banca d'Italia belong to the Italian people'.