Towards the Budget

Orsini: ‘Tax relief sought for the merger of SMEs’

The president of Confindustria also touched upon energy issues, commenting on Prime Minister Giorgia Meloni’s speeches to Parliament ahead of the European Council meeting on 15 and 16 October. “She said the right things,” he said, “the things that need to be said.”

 ANSA

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

From energy to incentives for the consolidation of small Italian businesses. These are two of the key issues highlighted by Confindustria President Emanuele Orsini, who spoke at the Confindustria Prom Public Assembly and at the presentation of the Confindustria Research Centre’s Autumn Forecast Report.

Support for small businesses

In the budget negotiations, Confindustria has, in fact, called for tax relief on mergers, takeovers and acquisitions, and on the issue of company size, Orsini said he had spoken to Giorgetti in the last few hours.

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The issue of productivity and added value “is scale-dependent,” explained Orsini, “the larger the companies are, the more structured they are,” a point that also applies to “services” and their ability to form a network.

Among the issues relating to the ability to come together is ‘a cultural issue’, partly because ‘moving from “I” to “we” is difficult’, and ‘we have called for tax relief on mergers and takeovers, as this also provides a boost to growth’.

Meloni: Crescita debole, ma Italia regge. Ora investire su innovazione e capitale umano

Energy and Meloni’s speech to Parliament

Orsini then turned his attention to energy issues, commenting on Prime Minister Giorgia Meloni’s speeches to Parliament ahead of the European Council meeting on 15 and 16 October. “She said the right things,” remarked Orsini, “the things that need to be said.”

He then went on to discuss the decree on utility bills: ‘I understand that a decree on utility bills is due to be issued shortly, which would be a relief for our businesses.’

Hyper-depreciation and the Housing Plan

Finally, there was praise for the hyper-depreciation scheme, which ‘will be strengthened and continued’. “In Italia,” he continued, “we must continue to drive forward both tangible and intangible investment because today we are increasingly seeing that the tangible aspect is very closely linked to the intangible one. Alongside this, we must also focus on the third pillar: training.”

On the subject of human capital, he added, ‘we need to get the Housing Plan off the ground if we want to be an attractive place and keep our young people here’.

Housing is one of the four key factors in attracting young people, alongside the ability to ‘recognise merit within our companies’, pay adequate wages and ‘emphasise specialisation and training’.

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